{"id":86155,"date":"2019-07-23T16:24:29","date_gmt":"2019-07-23T10:54:29","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=8352"},"modified":"2019-07-23T16:24:29","modified_gmt":"2019-07-23T10:54:29","slug":"chinas-nasdaq-style-star-market","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/chinas-nasdaq-style-star-market\/","title":{"rendered":"China&#8217;s NASDAQ style &#8216;STAR MARKET&#8217;"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>China has launched a new stock market for homegrown technology companies called as Science and Technology Innovation Board or <strong>STAR Market.<\/strong>The market is modelled after a NASDAQ system.<\/li><li>According to the regulations,red-chip companies which means Chinese based firms incorporated and listed outside China are allowed to be listed on the STAR market.<\/li><li>The STAR Market is different as it has more lenient standards for profitability and price volatility than the main exchanges.It permits companies to list before they have earned a profit.Investors are allowed to short-sell individual stocks for the first time in mainland China.<\/li><li>The STAR Market is seen as a move to keep Chinese tech firms from listing in stock markets abroad.The country has been home to high-profile companies like Alibaba, Tencent, Xiaomi, and JD.com.<\/li><li>But due to stringent profitability requirements at home,they have chosen to list in New York City or Hong Kong.By providing a low barrier for entry, the development seeks to incentivize Chinese technology companies to list on home stock markets.<\/li><li>The <strong>Nasdaq<\/strong> is an American stock exchange.It is the second-largest stock exchange in the world by market capitalization behind only the New York Stock Exchange.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>China has launched a new stock market for homegrown technology companies called as Science and Technology Innovation Board or STAR Market.The market is modelled after a NASDAQ system. According to the regulations,red-chip companies which means Chinese based firms incorporated and listed outside China are allowed to be listed on the STAR market. The STAR Market&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/chinas-nasdaq-style-star-market\/\">Continue reading <span class=\"screen-reader-text\">China&#8217;s NASDAQ style &#8216;STAR MARKET&#8217;<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[2353,3703,3704],"class_list":["post-86155","post","type-post","status-publish","format-standard","hentry","category-economy","tag-china","tag-nasdaq","tag-star-market","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704702350},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86155"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86155\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}