CSRC Chairman Wu Qing Sends a Major Signal: Embrace Technology

Golden Finance reports that on June 17, the 2026 Lujiazui Forum opened today. Based on the content of Chairman Wu Qing's speech at the China Securities Regulatory Commission today, the overall focus is on the theme of "Technology." The key points are summarized as follows:

1. Currently, the market capitalization of the technology sector in A-shares accounts for over 30%. Among listed companies with a market value exceeding 100 billion yuan, technology companies make up 45%.
2. Expand the scope of applying the fifth set of listing standards to unprofitable enterprises into the artificial intelligence field, actively supporting high-quality AI large model companies to go public.
3. Continue to deepen the reform of the "Two Innovation Boards," implement strategic deployment for developing future industries, and support the listing of "hard technology" companies in fields such as quantum technology, biological manufacturing, and embodied intelligence.
4. Proactively embrace a new round of technological and industrial revolutions, continuously enhance the inclusiveness and adaptability of the capital market system, with reforms of the STAR Market and ChiNext Board being the main focus.
5. Create the first batch of practical samples of technology finance in the capital market, including Shanghai Pudong, Beijing Haidian, Guangdong Shenzhen, Jiangsu Suzhou, and Zhejiang Hangzhou.
6. Strictly investigate and punish illegal activities such as using technology as a pretext to hype concepts, manipulate markets, insider trading, and other violations. Timely issue guiding opinions on the standardized development of the artificial intelligence capital market, and strictly crack down on illegal activities such as using AI for illegal stock recommendations, spreading rumors, and illegal trading.
7. Support eligible Hong Kong-listed companies to list domestically, better promoting the linkage development of the two markets.
8. Focus on enhancing cross-border regulatory cooperation, support legitimate and compliant cross-border investment and financing activities, and lawfully crack down on various cross-border illegal and irregular activities.
9. The safety, resilience, and innovative value of Chinese assets are being widely recognized and favored by international investors.