On November 12, the 2025 SSE Global Investors Conference opened in Shanghai. Li Ming, Vice Chairman of the China Securities Regulatory Commission (CSRC), Wu Wei, Executive Vice Mayor of Shanghai, and Qiu Yong, Chairman of the Shanghai Stock Exchange (SSE), attended the opening ceremony and delivered speeches. Huo Ruirong, Vice Chairman of the SSE, presided over the event. As a key annual flagship event hosted by the SSE for the global investment community, this year's conference centered on the theme "Value-driven, Openness-empowered, New Investmenet and M&A Opportunities for Global Investors", attracting over 100 renowned investment institutions from Europe, the Americas, Asia-Pacific, the Middle East, and other regions, with nearly 400 representatives registered and participated. Attendees engaged in in-depth discussions on new investment and M&A opportunities in China, the driving force of technological innovation, and the high-level opening of the capital markets.
Since the beginning of this year, the A-share market has maintained a stabilizing and improving trend, with major indices steadily rising, investor confidence significantly recovering, and international capital continuously flowing into the Chinese market. At the conference, executives from globally leading asset management institutions including Morgan Asset Management, Manulife Investment Management, EQT and sovereign wealth fund Temasek expressed that as China's macroeconomy keeps a good momentum for steady growth, the policy environment continues to optimize, and technological innovation accelerates, global investors are increasingly optimistic about the long-term allocation value of the Chinese market. Meanwhile, China's capital market is steadily advancing institutional opening up, with optimized measures for the Qualified Foreign Institutional Investor (QFII) regime being rolled out. Relevant persons in charge of the CSRC's Department of International Affairs and the State Administration of Foreign Exchange's Capital Account Management Department delivered keynote speeches on these developments. Participating institutions also expressed strong recognition of the stability, transparency, and predictability of China's capital market opening up policies. In another milestone for the SSE's international cooperation, the SSE and Singapore Exchange (SGX) jointly launched the SSE SGX Asia 100 Index Series during the conference.
November 5 also marked the seventh anniversary of the launch of the STAR Market, with participants of the conference highly commending the SSE's progress in serving technological innovation and the development of new quality productive forces. Additionally, the coordinated development of the SSE's equity, bond, fund, derivatives, and REITs markets, along with significant achievements in green finance market development, has led to substantive breakthroughs in high-level opening up. These accomplishments have further strengthened global investors' confidence in the long-term prospects of the Chinese market. The conference also featured multiple roundtable discussions and corporate research activities focusing on sectors representing new quality productive forces, such as artificial intelligence, new consumption, biomedicine, and high-end manufacturing. A dedicated M&A session was held to explore topics including the development of domestic and cross-border M&A markets, the operations of M&A funds, and cross-border, technology-driven, and industrial M&A activities involving A-share companies. These discussions aimed to facilitate high-quality participation of domestic and international investors in listed company M&A. On the same day, the SSE released the "Compilation of Typical Cases of Cross-Border M&A by Listed Companies" to support market entities in conducting cross-border M&A activities.
In recent years, China's capital market has faced profound and complex changes in both domestic and international environments, against the backdrop of accelerating global transformations and rapid breakthroughs in a new round of technological and industrial revolutions. Opportunities and challenges coexist. The recommendations for the 15th Five-Year Plan emphasize the need to steadily expand institutional opening up, providing direction for the capital market's opening up and cooperation. In this new situation, the SSE will thoroughly implement the decisions and deployments of the Central Committee of the Communist Party of China and the State Council, under the guidance of the CSRC, to systematically plan its development strategy for the 15th Five-Year Plan period. By seizing favorable opportunities for open cooperation, continuously enhancing the inclusivity and adaptability of market systems, and improving market attractiveness and competitiveness, the SSE will work hand in hand with global investors to promote the long-term, stable development of the capital market.
