Star Market, a ‘breakthrough in 30-year history of China’s stock market’, gets off to shining start as immediate buying spree takes hold

//Star Market, a ‘breakthrough in 30-year history of China’s stock market’, gets off to shining start as immediate buying spree takes hold

Star Market, a ‘breakthrough in 30-year history of China’s stock market’, gets off to shining start as immediate buying spree takes hold

The Shanghai Stock Exchange’s new Star Market got off to a suitably stellar start on Monday morning as all 25 debutants saw their shares jump.The firms, spanning industries from microchips and biotechnology to artificial intelligence, were greeted by an immediate buying spree as trading opened at 9.30am.Anji Microelectronics (Shanghai) got off to the best start as its shares opened 287 per cent higher than the initial public offering price.By 10am, trading in eight companies had to be suspended…

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By | 2019-07-22T02:03:56+00:00 July 22nd, 2019|Headlines|Comments Off on Star Market, a ‘breakthrough in 30-year history of China’s stock market’, gets off to shining start as immediate buying spree takes hold