Executives from the first batch of Star Market debutants gather for a group picture to celebrate the inauguration in Shanghai on July 22, 2019. Photo: Xinhua  Executives from the first batch of Star Market debutants gather for a group picture to celebrate the inauguration in Shanghai on July 22, 2019. Photo: Xinhua 
Executives from the first batch of Star Market debutants gather for a group picture to celebrate the inauguration in Shanghai on July 22, 2019. Photo: Xinhua 
Business /  Markets

China’s Nasdaq-style Star Market mints one billionaire a month with rally that outstrips FAANG stocks

  • The Star Market in Shanghai has produced at least 13 billionaires in its first year, including a chip supplier to Huawei
  • Stocks on the technology board have risen 201 per cent on average versus about 78 per cent in the NYSE FANG+ Index

Topic |   China stock market
Yujing Liu
Yujing Liu

Updated: 10:42pm, 23 Jul, 2020

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Executives from the first batch of Star Market debutants gather for a group picture to celebrate the inauguration in Shanghai on July 22, 2019. Photo: Xinhua  Executives from the first batch of Star Market debutants gather for a group picture to celebrate the inauguration in Shanghai on July 22, 2019. Photo: Xinhua 
Executives from the first batch of Star Market debutants gather for a group picture to celebrate the inauguration in Shanghai on July 22, 2019. Photo: Xinhua 
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