Chinese STAR Market Stocks Make Their Debut on Global Benchmarks

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Chinese STAR Market shares are set to make their first ever appearance on a global stock index.

FTSE Russell announced on 19 February that it will include 11 stocks from the Shanghai STAR Market on its global benchmarks, including Advanced Micro-Fabrication Equipment Inc China, Montage Technology Co Ltd., Raytron Technology Co Ltd, and Zhejiang HangKe Technology Co Ltd.

The Sci-Tech Innovation Board (上海证券交易所科创板) (SSE STAR Market) is the NASDAQ-style board of the Shanghai Stock Exchange (SSE) that is dedicated to the listing of Chinese tech companies.

It officially opened in mid-2019, and saw the listing of 109 companies that raised 123 bil­lion yuan (ap­prox. USD$17.36 bil­lion) in its first year of operation.

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