Shanghai's Star Market, the science and technology innovation board launched exactly three years ago, has become a major driver of startup financing in China. Almost 440 companies have been listed on ... ( read original story ...)
3 years on, STAR Market savors trendsetter record
With trading officially commencing on July 22, 2019, the STAR Market has seen 437 companies successfully list over the past three years, with a combined market cap of 5.76 trillion yuan ($852 billion) ... ( read original story ...)
Asian stock markets mixed at Thursday’s close
Major Asian stock markets ended mixed on Thursday ahead of the key European Central Bank (ECB) monetary meeting. The Asia Dow, which includes blue-chip companies in the region, fell 17.9 points or ... ( read original story ...)
AXT Crosses Milestone On Tongmei IPO
Chinese subsidiary approved for IPO listing on STAR Market subject to approval by CSRC AXT, a maker of compound semiconductor wafer substrates, has announced that its subsidiary in China, Beijing ... ( read original story ...)
Shanghai FTZ continues to test new waters
When economic activity in Shanghai began to recover after the epidemic-related lockdown of the city earlier this year, Singapore's United Overseas Bank Limited announced plans to set up a branch in ... ( read original story ...)
Central bank leaves benchmark LPR unchanged for July
CFP. China's central bank kept the lending benchmark loan prime rate (LPR) unchanged for July on Wednesday, as interbank rates stay low despite the US- ... ( read original story ...)
Shanghai Issues First E-Yuan Subsidy to Company Talents
Shanghai, one of the cities where China is carrying out digital yuan trials, has recently issued its first subsidy for talents in the form of e-yuan. State-backed lender China Construction Bank and ... ( read original story ...)