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China to Open STAR Market Wider to Unprofitable AI Companies

Published: Jun. 18, 2026 2:52 a.m. GMT+8

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Wu Qing, chairman of the China Securities Regulatory Commission, speaks at the Lujiazui Forum in Shanghai on June 17, 2026. Photo: VCG

China’s top securities regulator will allow unprofitable artificial intelligence startups to list on the country’s tech-heavy STAR Market and accelerate a pilot program for yuan foreign-exchange futures as part of a broader push to channel capital into strategic industries.

The moves, announced by China Securities Regulatory Commission (CSRC) Chairman Wu Qing on Wednesday, underscores Beijing’s ongoing efforts to boost its domestic tech sector amid global competition while simultaneously rolling out new financial derivatives to attract foreign investors to its onshore markets.

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CSRC will allow unprofitable AI startups to list on STAR Market, expanding criteria for "hard tech" sectors.
Regulator accelerates yuan FX futures pilot to attract foreign capital, and supports QFII in treasury bond futures.
CSRC fined 35.3 billion yuan over 1,300 cases, and guides pension funds to boost equity investments.

AI generated, for reference only

Central Huijin Investment Ltd.: Central Huijin Investment Ltd. is a Chinese state-owned investment firm that, as noted in the article, acts as a market stabilization fund. It was supported by structural monetary tools introduced by China's securities regulator and central bank to stabilize the A-share market.

AI generated, for reference only