Type | Stock exchange |
---|---|
Location | Shanghai, China |
Founded | July 22, 2019 |
Owner | Shanghai Stock Exchange |
Currency | Chinese Yuan |
No. of listings | Approximately 179[1] |
Market cap | RMB 2.8 Trillion (Aug. 2020) |
Website | star |
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]