Highlights

• The free-float market cap of all the Star Market-listed firms as of September 30 reached CNY 579 billion
• The 63 IPOs in 3Q 2020 collected CNY 21 billion, accounting to 58% of A share's proceeds
• Semiconductor stocks were down by 4.3% – still retaining the largest market cap
• China's financial sector continued to open up, started to accept Chinese Depository Receipts to attract more applicants and issued the first foreign mutual fund license
• The launch of the board's composite index Star 50 happened in the beginning of 3Q 2020