{"id":13328,"date":"2026-01-04T09:33:33","date_gmt":"2026-01-04T09:33:33","guid":{"rendered":"https:\/\/jobuzo.com\/en\/turning-point-china-doubles-ipos-in-2025-amid-eased-curbs-to-boost-tech-push\/"},"modified":"2026-01-04T09:33:33","modified_gmt":"2026-01-04T09:33:33","slug":"turning-point-china-doubles-ipos-in-2025-amid-eased-curbs-to-boost-tech-push","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/turning-point-china-doubles-ipos-in-2025-amid-eased-curbs-to-boost-tech-push\/","title":{"rendered":"Turning point: China doubles IPOs in 2025 amid eased curbs to boost tech push"},"content":{"rendered":"<div>\n<div><img decoding=\"async\" src=\"https:\/\/cdn.i-scmp.com\/sites\/default\/files\/styles\/og_image_scmp_generic\/public\/d8\/images\/canvas\/2025\/12\/30\/d503fdb9-b0fc-435e-ae18-f9b59c0d6964_1cdd3ad0.jpg?itok=2ue3PF7J&amp;v=1767081583\" class=\"ff-og-image-inserted\"><\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"8.4244372990354\"><span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">Initial public offerings (IPOs) in mainland China<\/span> nearly doubled in 2025 from a year earlier after the securities regulator rolled back curbs on new listings and resumed approvals for pre-profit technology companies, in line with Beijing&rsquo;s drive to replace imported tech products with home-grown alternatives.<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">A total of 115 companies raised a combined 128 billion yuan (US$18.3 billion) from IPOs on the Shanghai, Shenzhen and Beijing exchanges this year, according to Bloomberg data.<\/p>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"9.1171171171171\">That eclipsed the 67.4 billion yuan in 2024, when the <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">China Securities Regulatory Commission<\/span> (CSRC) slowed down approvals of new offerings and tightened the scrutiny of applicants to bolster confidence in the stock market.<\/div>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-1evd7i0 e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"9.034749034749\">Several high-profile offerings followed the regulatory relaxation. Moore Threads Technology and <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">MetaX Integrated Circuits<\/span> &ndash; two Chinese graphics processing unit (GPU) developers seen as challengers to Nvidia &ndash; completed first-time stock sales in Shanghai.<\/div>\n<div datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1xdhyk6 ec74h0k0\" readability=\"9.5408163265306\">The rebound in mainland China IPOs coincided with a <span data-qa=\"Component-Text\" class=\"css-0 ef9u0v00\">listings boom in Hong Kong<\/span>, where demand was revived by offerings of leading Chinese companies that have dominant positions in their industries.<\/div>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-117a6hs e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">&ldquo;We saw a bunch of policies in 2025 that encouraged IPOs, and the pace of new share sales is expected to accelerate in 2026,&rdquo; said Wang Zhengzhi, an analyst at Guotai Haitong Securities. &ldquo;Further reforms will be pushed forward and that will boost the inclusiveness of the multilayer capital markets.&rdquo;<\/p>\n<\/div>\n<p><sub>Turning point: China doubles IPOs in 2025 amid eased curbs to boost tech push<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Initial public offerings (IPOs) in mainland China nearly doubled in 2025 from a year earlier after the securities regulator rolled back curbs on new listings and resumed approvals for pre-profit technology companies, in line with Beijing&rsquo;s drive to replace imported tech products with home-grown alternatives. A total of 115 companies raised a combined 128 billion&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/turning-point-china-doubles-ipos-in-2025-amid-eased-curbs-to-boost-tech-push\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Turning point: China doubles IPOs in 2025 amid eased curbs to boost tech push&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":13329,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/13328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=13328"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/13328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/13329"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=13328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=13328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=13328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}