Chinese stock exchange focused on technology companies
STAR Market
Type
Stock exchange
Location
Shanghai, China
Founded
July 22, 2019; 4 years ago (2019-07-22)
Owner
Shanghai Stock Exchange
Currency
Chinese Yuan
No. of listings
Approximately 179[1]
Market cap
RMB 2.8 Trillion (Aug. 2020)
Website
star.sse.com.cn
The Shanghai Stock Exchange STAR Market,[2] officially known as the Shanghai Stock Exchange Science and Technology Innovation Board,[3] is a Chinese science and technology focused equities market established on July 22, 2019.[4][5]
STAR has been touted as Shanghai's equivalent to America’s Nasdaq,[4] with state media alluding to its goal as giving Chinese science and technology companies greater access to capital markets.[2] As of July 2020, it is valued at more than US $400 billion.[3]
^"Market Data Overview".
^ ab新京报 (2019-07-22). "科创板历时8个月开锣 首批25家公司挂牌". www.xinhuanet.com. Archived from the original on July 22, 2019. Retrieved 2020-08-28.
^ abHarper, Justin (2020-07-23). "China's Star market aims to take on the Nasdaq". BBC News. Retrieved 2020-08-27.
^ abLockett, Hudson (July 22, 2019). "Shares on China tech exchange surge up to 520% in trading debut". Financial Times. Retrieved July 22, 2019.(subscription required)
^Makortoff, Kalyeena (July 22, 2019). "Chinese tech shares leap up to 500% as Nasdaq-style market launches". The Guardian. Retrieved July 22, 2019.
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