China's STAR Market, ChiNext Hit RMB36.48 Trillion Valuation
Taiyuan – – September 15, 2026 -- China's STAR Market and ChiNext boards together hosted 2,019 listed companies with a combined market capitalization of RMB36.48 trillion as of August 31, 2026, as Beijing accelerates a registration-based IPO system geared toward technological innovation.
Politburo Signals Deeper Capital-Market Overhaul
At a July 30, 2026 meeting, China's Politburo endorsed further capital-market reforms designed to balance the interests of companies raising funds with those of investors. Deng Zhouyu, head of research at Shanxi Securities, called the moment a systemic shift in which traditional growth engines are receding while new industrial bases gain the capacity to channel funding into the real economy.