Six Years of Growth on the STAR Market
On July 22, China's STAR Market celebrated its sixth anniversary, marking a major milestone for the nation's tech-focused exchange. Launched in 2019 to support high-growth science and technology firms, the STAR Market has become a global benchmark for innovation investment.
Since inception, the exchange has:
- Facilitated IPOs for 589 companies
- Raised a total of 925.7 billion yuan (about $132.2 billion)
- Attracted firms in biotech, semiconductors, AI and clean energy
By streamlining its IPO system and reducing listing hurdles, the STAR Market has empowered startups from Beijing to Shenzhen to access capital quickly. In Shanghai, more than 60% of STAR-listed companies operate in cutting-edge fields like quantum computing and gene therapy.
Global investors have taken notice: nearly 30% of funds under management now track STAR-listed equities, underscoring growing international appetite for China's tech story.
Looking ahead, analysts expect the STAR Market to expand its reach into emerging sectors such as green technology and space exploration. For young entrepreneurs, the platform offers a path to funding that is both rigorous and responsive to fast-evolving research breakthroughs.
Whether you're a startup founder seeking your first round of funding or a digital nomad tracking global market trends, the STAR Market's six-year journey offers insights into how policy, innovation and finance converge to reshape tomorrow's economy.
Reference(s):
cgtn.com
