[ 𝑶𝑷𝑬𝑵 𝑩𝑨𝑩𝒀 ] 𝐆𝐑𝐄𝐄𝐍𝐋𝐈𝐆𝐇𝐓 𝐎𝐑𝐏𝐇𝐀𝐍𝐀𝐆𝐄 [ 𝐶𝐿𝑂𝑆𝐸 𝑨𝑫𝑶𝑷𝑺𝑰 ]

-𝑶𝑷𝑬𝑵 𝑩𝑨𝑩𝒀- 𝐆𝐑𝐄𝐄𝐍𝐋𝐈𝐆𝐇𝐓 𝐎𝐑𝐏𝐇𝐀𝐍𝐀𝐆𝐄- 𝐶𝐿𝑂𝑆𝐸 𝑨𝑫𝑶𝑷𝑺𝑰- Telegram | DID YOU KNOW?

The STAR Market, as is implied by the name, is heavily geared toward smaller innovative tech companies, in particular those engaged in strategically important fields, such as biopharmaceuticals, 5G technology, semiconductors, and new energy. The STAR Market currently has 340 listed securities. The STAR Market is seen as important for China’s high-tech and emerging industries, providing a space for smaller companies to raise capital in China. This is especially significant for technology companies that may be viewed with suspicion on overseas stock exchanges.

The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.