
The Hard Tech Hegemony: How AI and Semiconductors Are Dominating China’s IPO Markets
In the first half of 2026, Chinese IPO markets have been dominated by 'hard tech' sectors like AI and semiconductors, with Chinese exchanges capturing four of the top ten global spots for fundraising. Supported by strategic regulatory reforms such as Hong Kong's 18C rules and the STAR Market's 5th listing standard, China is successfully bridging domestic and international capital to fund its high-stakes technological ambitions.


















