The first 25 companies to debut on the Star Market were seen by investors as the best unlisted Chinese technology start-ups. Photo: Xinhua

China’s new Star Market turns dozens of founders into overnight billionaires, while some small investors nurse heavy losses

  • Chen Wenyuan, the 50-year-old chairman of Suzhou HYC Technology, is the biggest winner, with his holding in the company now worth US$3 billion
  • Frenzied buying has created at least 30 yuan-denominated billionaires among those who already owned pre-IPO stakes in newly listed companies
Topic |   China stock market

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The first 25 companies to debut on the Star Market were seen by investors as the best unlisted Chinese technology start-ups. Photo: Xinhua
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