AsianFin -- Technology companies now make up a larger share of China's A-share market as the country steps up capital market support for sci-tech innovation, an official said Monday.
Technology companies account for more than a quarter of the A-share market capitalization, which is significantly higher than the combined market cap of the banking, non-bank financial, and real estate sectors, said Wu Qing, chairman of the China Securities Regulatory Commission, who made the remarks at a press conference themed on the country's achievements during the 14th Five-Year Plan period (2021-2025).