Stocks Blog: China, Hong Kong tumble as STAR technology board debutante soars 400 per cent | South China Morning Post

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STAR board trading seen draining liquidity in other markets
Prominent Moutai bull lowers target price

SCMP

Published: 9:13am, 22 Jul, 2019

Updated: 8:43pm, 22 Jul, 2019

Li Qiang, left, Shanghai Communist Party boss, and Yi Huiman, chairman of the China Securities Regulatory Commission, bang the gong to open trading on the Star Market at the Shanghai Stock Exchange.
Photo: Shanghai Stock Exchange

Li Qiang, left, Shanghai Communist Party boss, and Yi Huiman, chairman of the China Securities Regulatory Commission, bang the gong to open trading on the Star Market at the Shanghai Stock Exchange. Photo: Shanghai Stock Exchange

A Chinese investor uses a mobile phone to check a rare earths company's stock price at a securities brokerage house in Beijing in June. EPA-EFE

A Chinese investor uses a mobile phone to check a rare earths company's stock price at a securities brokerage house in Beijing in June. EPA-EFE

Today is a big day in Chinese markets. The new Star technology board begins trading. Photo: Daniel Ren

Today is a big day in Chinese markets. The new Star technology board begins trading. Photo: Daniel Ren

SCMP

Published: 9:13am, 22 Jul, 2019

Updated: 8:43pm, 22 Jul, 2019