Tech sector accounts for over 30% of A-share market cap: securities regulator

SHANGHAI -- Technology stocks now make up more than 30 percent of the total market capitalization of China's A-share market, the country's securities regulator said on Wednesday.

A steady stream of quality innovative firms has gone public efficiently, accelerating the mutual reinforcement between the capital market and the growth of new quality productive forces, said Wu Qing, chairman of the China Securities Regulatory Commission, at the 2026 Lujiazui Forum in Shanghai.

Wu also announced that the commission will expand the applicable range of the fifth set of listing standards for the SSE STAR Market to include artificial intelligence (AI) large models, in a bid to actively support AI companies going public.

The regulator will also support listings of hard-tech enterprises in more frontier areas such as quantum technology, biomanufacturing and embodied intelligence, in line with the strategic plan for developing future industries, Wu said.

Amid efforts to advance reforms of the ChiNext board in an orderly manner, the commission will increase support for new types of consumption and modern services to better serve the growth of innovative enterprises, he added.