SHANGHAI: Experts lavished praise on the Shanghai Stock Exchange’s Star Market on its third anniversary on Monday, saying the Nasdaq-style board has grown into a cradle of hard tech – information technology, biomedicine, high-end manufacturing – companies and an incubator of systemic innovation in the field of stock exchanges.
In all, 428 companies have listed on the Star Market so far, with their combined market cap exceeding 5.1 trillion yuan (US$757bil or RM3.35 trillion). And 157 of them are next-generation infotech companies, according to market tracker Wind Info.