BY ๐ฉ๐จ๐ต๐ฒ๐ต๐ฐ๐ญ๐ป๐ ๐ถ๐ท๐ป๐ฐ๐ถ๐ต ๐ฎ๐ณ๐ฉ ๐ป๐น๐จ๐ซ๐ฐ๐ต๐ฎ ๐จ๐ช๐จ๐ซ๐ฌ๐ด๐
Among the actives, Ascendas REIT sank 0.64 percent, while CapitaLand Integrated Commercial Trust plummeted 1.42 percent, City Developments plunged 1.12 percent, Dairy Farm International tumbled 0.86 percent, DBS Group skidded 0.68 percent, Genting Singapore retreated 0.67 percent, Hongkong Land climbed 1.30 percent, Mapletree Commercial Trust lost 0.47 percent, Mapletree Logistics Trust tanked 0.95 percent, Oversea-Chinese Banking Corporation dropped 0.61 percent, SATS rose 0.24 percent, SembCorp Industries shed 0.54 percent, Singapore Airlines surrendered 0.79 percent, Singapore Exchange slid 0.30 percent, Singapore Press Holdings declined 1.03 percent, Singapore Technologies Engineering dipped 0.26 percent, SingTel advanced 0.81 percent, United Overseas Bank fell 0.39 percent, Wilmar International eased 0.24 percent, Yangzijiang Shipbuilding jumped 1.42 percent and Keppel Corp, Thai Beverage, CapitaLand and Comfort DelGro were unchanged.
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 Chinaโs 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.
๐ฉ๐จ๐ต๐ฒ๐ต๐ฐ๐ญ๐ป๐ ๐ถ๐ท๐ป๐ฐ๐ถ๐ต ๐ฎ๐ณ๐ฉ ๐ป๐น๐จ๐ซ๐ฐ๐ต๐ฎ ๐จ๐ช๐จ๐ซ๐ฌ๐ด๐ from in