China’s Tech IPO Market Surges with $32bn Raised in 2026

Public markets in China are witnessing increased activity as officials ease restrictions on IPOs. Chinese firms have raised approximately $32 billion in 2026, marking a significant uptrend from previous years. This surge in fundraising is evident in the recent activities, with CXMT, a memory chip manufacturer, eyeing a $4.3 billion listing, one of the largest in recent times. Additionally, around ten tech companies are planning multibillion-yuan flotations, indicating a revival in big deals in the market. Shanghai’s tech-centric STAR market has also seen a shift in its listing policies. After excluding profitless startups in 2024 and 2025, the market has…