Summary

• Global investor attention in artificial intelligence has largely centered on US, South Korean, and Taiwanese semiconductor leaders.
• However, a quieter innovation cycle has been unfolding within Mainland China, particularly on the Shanghai Stock Exchange’s Science and Technology Innovation Board (STAR Market).
• The STAR Market has become a key listing venue for companies operating at the forefront of semiconductors, advanced manufacturing, and AI.

Global investor attention in artificial intelligence (AI) has largely centered on US, South Korean, and Taiwanese semiconductor leaders.

However, a quieter innovation cycle has been unfolding within Mainland China, particularly on the Shanghai Stock Exchange’s Science and