Technology Aug 03, 2020 03:03 PM (GMT+8) · EqualOcean
On August 3, the newly launched benchmark index STAR50, which considers 50 largest technology companies listed on the Shanghai Stock Exchange's Star Market, jumped by over 7%. As Chinese software companies -- such as ByteDance's TikTok, for instance -- are facing regulatory problems in the United States, the market expects China to support its technology offspring.