Shanghai Stock Exchange's NASDAQ-style STAR market launched today
With a first lot of 25 stocks trading … most trading up …. but not all.
- STAR is for listing China tech firms
- Zhangjiang Hangke Technology was the first company to hit an upper-limit (+30% from the open)
- Suzhou Harmontronics Automation Technology fell 30% from open
There will be an index launched, once there are 30+ stocks listed.