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Shanghai Bourse Eases Rules for Listing of AI LLM Enterprises

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The Shanghai Stock Exchange relaxed rules to allow the listing of artificial intelligence large-scale model enterprises that have not reached a certain revenue scale, according to a Wednesday press release from the bourse.

The move was part of China's effort to support technology innovation and expand financing channels for emerging industries through the STAR Market.

The introduction of the rules came as the China Securities Regulatory Commission's chairman, Wu Qing, acknowledged that other major global capital markets are reforming regulations to adapt to the growing demand for AI, the regulator said in a Thursday press release on its website.

Chinese regulators said the country's technology sector has achieved significant advances in recent years, with a growing number of innovative companies emerging across strategic industries.

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