Beijing has moved past its Covid-era mantra, pivoting from large sovereign loans to green tech investments, but execution bottlenecks and risks remain.
With over 80 industrial firms in the IPO pipeline, it’s clear that policy priorities and relaxed listing rules are attracting a fresh wave of global capital.
Reforms are being introduced to sustain the surge in public offerings that has made the city among the world’s leading IPO venues in the last 6 months.