Zhejiang: Planning to Intensify Cooperation with Shanghai Stock Exchange, Shenzhen Stock Exchange and Beijing Stock Exchange, Exploring Establishment of "Tech Enterprise Cultivation Board"
Glomoon Summary July 29 | Open solicitation for opinions on the Zhejiang Provincial Measures for Empowering Innovation through Financial Support (Draft). It includes strengthening regional equity market construction. Utilizing regional equity market system and business innovation pilot policies, supporting Hangzhou, Ningbo, etc. regions in conducting equity investment and entrepreneurship investment share transfer pilot projects, intensifying cooperation with Shanghai Stock Exchange, Shenzhen Stock Exchange and Beijing Stock Exchange, exploring the establishment of a "Tech Enterprise Cultivation Board", high-quality construction of a "Specialized and Innovative" specialty board, actively recommending quality four-board companies to apply for new three-board listing through public review and green channel mechanism. Promoting regional equity market services including reform of regulatory framework, roadshow training, matching with investors, and incubation nurturing, to help more tech-based small and medium-sized enterprises convert to listed companies.