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Back to the Red: 'China's Nasdaq' Surges Again
Back to the Red: 'China's Nasdaq' Surges Again
A screenshot of STAR board page in Choice terminal, captured at 11:43:00, July 24, 2019
Associated Company
亿欧 亿欧

24 of 25 STAR-listed companies saw their stocks growing 6.23% on average this morning. CRSC's (688009:SH) share price remained the same;

The sci-tech board market cap hit CNY 517.18 billion (USD 75.15 billion) by the midday break;

As the initial craze shrivels, number of transactions dropped 25%, compared to the yesterday morning session. As for the total transaction volume, it slumped by 45%.


In the bullish afternoon all the 25 companies eventually found themselves in the red, the stocks grew 7.92% on average from yesterday's final numbers;

Market cap of the 25 made another leap, now it is CNY 533.66 billion (USD 77.61 billion);

Chipmakers Anji Technology (688019:SH) and AMEC (688012:SH) are priced 162.12 and 450.28 times their last year earnings respectively. 

Enterprise Information

一家科技与产业创新服务平台
CATEGORIES: AI, Industrial Internet, GIIS, Big Data, WIM, BATi, Entertainment Media
Last Funding Type
Pre-Series C
Number of Employees
101-300
Number of Funding Rounds
6

Enterprise Information

亿欧
一家科技与产业创新服务平台
CATEGORIES: AI, Industrial Internet, GIIS, Big Data, WIM, BATi, Entertainment Media
Last Funding Type
Pre-Series C
Number of Employees
101-300
Number of Funding Rounds
6

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