As a famous technology board of China, the Shanghai Stock Exchange Star Market is in the global limelight.
Along with the IPO of Shanghai Newtouch Software (688590:SH) on December 8, 2020, the number of companies listing on SSE Star Market reaches 200. Starting on July 22, 2019, SSE Star Market has become a large science and technology focused equities market in China. According to the updated data, the total value of SSE Star Market’s companies is over CNY 3.19 trillion, with an average PE Ratio of 94.07.
Statistics show that, among the 200 companies, the information technology companies and biomedicine companies account for 55%, with the numbers reach 65 and 45 respectively. Meanwhile, most of the other listing companies belong to high-end equipment, new materials, and environmental protection areas. The 200 companies raised CNY 287.66 billion in total, with an average of CNY 1.44 billion.
In SSE Star Market, Beijing Kingsoft Office Software, SMIC, and Transsion Holdings are the top three largest companies, with market capitalizations of CNY 165.68 billion, CNY 116.95 billion, and 109.38 billion respectively. Besides, the market capitalizations of many popular listing companies exceed CNY 50 billion, such as Montage Technology, China Resources Microelectronics, AMEC, and Cambricon Technologies.