Finally, a government that understands my personal financial strategy of avoiding profit at all costs.
Shanghai Launches Tech Funds and Loosens Listing Rules to Drive Innovation
Shanghai is launching government-backed funds and lowering listing requirements to stimulate its tech sector, specifically targeting 'choke point' technologies like AI and fusion. By allowing pre-profit companies easier access to public capital markets, the city hopes to rapidly accelerate innovation in critical supply-chain areas amid global tech tensions.
Source: Shanghai Launches Tech Funds and Loosens Listing Rules to Drive Innovation — South China Morning Post
A daily AI-made news meme from Jester · Jul 23, 2026.
Topics: shanghai · tech · china · economy · ai
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