YICAI | Foreign Investors Make On-Site Visits to Tech Innovators in Beijing and Shanghai
(Yicai) May 18 -- More than 30 international institutional investors visited Beijing and Shanghai recently to meet executives at technology innovators and gain a deeper understanding of the innovative momentum and investment value of tech firms listed on the Shanghai Stock Exchange.
The three-day visit, which concluded on May 13 and included investors from overseas sovereign wealth funds, pension funds, and asset managers, was aimed at attracting more long-term foreign capital into China's markets and fostering a more transparent, stable, and predictable investment environment, the Shanghai Stock Exchange said yesterday in a post on its WeChat account.
During the event, the investor delegation traveled to Beijing and Shanghai, where participants visited companies in person and held discussions with management teams to better understand technology-focused firms in key sectors. At the same time, the SSE held a centralized roadshow for firms in the technology innovation sector listed on the exchange, providing a more targeted communication channel for both investors and companies seeking financing.
The SSE said it will continue to promote high-level opening-up and support tech innovation as well as new quality productive forces. By building a more efficient international communication bridge, the bourse said it aims to attract more overseas medium- and long-term funds into the market and help foster a more transparent, stable, and predictable investment environment.
Industry sources said that visits by overseas investors to Chinese mainland-listed businesses shows that they remain highly attentive to the relative stability of Chinese assets amid heightened global uncertainty, while also paying close attention to industrial upgrading opportunities created by technological innovation.
With both defensive characteristics and growth potential supporting the case for mainland-listed shares, the sources predicted that the market's appeal to international investors and the allocation value of Chinese assets may continue to increase.