STAR market: In numbers
Vice-Premier Liu He (second left), Shanghai's Party Secretary Li Qiang (second right), China Securities Regulatory Commission Chairman Yi Huiman (left) and Shanghai Mayor Ying Yong jointly launch the STAR Market in Shanghai on June 13, 2019. [Photo by Che Liang /for China Daily]
Editor's note: The Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR Market, was inaugurated on June 13 last year and started trading with 25 listed firms on July 22.
Launched as the test field of the registration-based initial public offering system, it is designed to focus on companies in the high-tech and strategic emerging sectors.
One year after its launch, let's take a look at some important facts and figures that offer a glimpse of the STAR market.
Investors check stock price movements at a securities brokerage in Nanjing, capital of Jiangsu province. [Photo by Qu Xing/For China Daily]
25 companies with shares price above 100 yuan
As of Friday, 25 companies' share price stood at above 100 yuan ($14.32), and the top three were Jiangsu Bioperfectus Technologies Co Ltd at 435.5 yuan, Beijing Roborock Technology Co Ltd at 380.08 yuan and Quantumctek Co Ltd at 367 yuan.
Photo taken on July 22, 2019 shows the debut ceremony of China's sci-tech innovation board (STAR Market) at the Shanghai Stock Exchange in Shanghai. [Photo/Xinhua]
130 companies listed on the STAR Market
As of Friday, the number of companies listed on the STAR Market has increased to 130 from 25. More than 70 percent of companies saw their share price rise, with eight shares rising by more than 100 percent.
The shares of Quantumctek Co Ltd debut on the STAR Market on July 9, 2020. [Photo/quantum-info.com]
Share price soars by 1,000 percent
On July 9, Quantumctek Co Ltd went public on the STAR Market. On its debut day, its shares soared 1,000 percent from its issuing price, recording the biggest increase in the history of the STAR Market, as well as China's A-share market.
Investors monitor share prices at a securities firm in Hangzhou, capital of Zhejiang province, on July 22, 2019. [Photo by LONG WEI/FOR CHINA DAILY]
5.27 million investors
As of Friday, a total of 5.27 million investors have been granted transaction permission on the STAR Market.
A man walks past the entrance of the Shanghai Stock Exchange. [Photo provided to China Daily]
Total financing: 201.5 billion yuan
Total funds raised by companies listed on the STAR Market stood at 201.5 billion yuan as of Friday, and the top three are Semiconductor Manufacturing International Corp at 53.2 billion yuan, China Railway Signal & Communication Corp Ltd at 10.5 billion yuan, and Shanghai Junshi Biosciences Co Ltd at 4.8 billion yuan.
A-share indexes are displayed on a big screen on one side of an overpass in Lujiazui area, Shanghai, on June 1, 2019. [Photo by WANG GANG/FOR CHINA DAILY]
Market value: 2.43 trillion yuan
Total market value of the STAR Market stood at 2.43 trillion yuan as of Friday. The top three shares with the highest market value are Beijing Kingsoft Office Software Inc at 160.7 billion yuan, Semiconductor Manufacturing International Corp at 129.9 billion yuan and Advanced Micro-Fabrication Equipment Inc at 114.3 billion yuan.