Shanghai: Support financial institutions to innovate and launch more special financing products urgently needed by technology companies. There are more than 1,800 private equity and venture capital managers in the city, with more than 8,900 funds under management and a total scale of 2.3 trillion yuan.
The number of companies listed on the Science and Technology Innovation Board is not the largest, but Shanghai’s companies list first in cumulative IPO funds raised and market value, with funds raised reaching 230 billion yuan.