china STAR market

China starmarket

China Reaches For The STAR Market- The Domestic Nasdaq

Christian McCormick , Shannon Zheng (Allianz GI) | China’s new STAR market has been billed as the country’s answer to the Nasdaq – the technology-focused US exchange. Its listing rules make it easier for the country’s tech and science startups to list domestically, thereby supporting the fast-growing sectors that are driving China’s growth. Since opening in July 2019 with 25 listings, the STAR market now comprises almost 200 firms – and nearly 500 are in the IPO pipeline.