Highlights

• The Star Market is the country's first large-scale trading platform allowing yet-to-be-profitable companies to file for an IPO
• Another feature is the registration-based system that drastically shrinks the time firms spend queuing for listings on other boards of the Shanghai and Shenzhen bourses
• Five different listing standards were developed for local tech startups, two for red-chip companies and others for those who have already issued shares with a WVR (weighted voting rights) structure in Hong Kong
• Pursuing a goal of domestic high-tech business cultivation, the board is geared to serve companies across 35 industry verticals, from advanced materials and consumer electronics to the recent hot sectors such as AI and IoT