The Star Market Overview 3Q 2020
The Star Market Overview 3Q 2020
ContributorsBeier Kan, Qing Lan, Hang Yang, Ivan Platonov
EditorLuke Sheehan
Pages24
CopyrightEqualOcean Intelligence
Download For Free
Introduction
EqualOcean's fourth quarterly overview of the fledgling marketplace. Here, we adhere to the same structure as in our previous paper: a data-heavy first chapter is followed by a second part describing regulatory shifts and other narrative elements essential to telling the story of China's financial opening-up.
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
Contents
- 1 Growth and Fluctuations: numbers, patterns and industries
- 2 More standardized, more diverse: rules, upgrades and stories
In this report
63
IPOs on the Star Market, accounting for nearly one-third of the new A-share listings
16
charts tell how the Star Market stocks fluctuated in the third quarter of 2020
Selected reports
Financials
2022 Digital Transformation of Retail Banks: How Tools like WeCom can Help
Apr 26, 2022 12:26 PM
Consumer Staples, Financials, Technology
China Big Tech Crackdown Winners 2021
Jun 29, 2021 11:48 PM
CONTACT US
Scan QR code to contact us for professional consulting services
Read next
Insight
In-depth
Insight
In-depth
Consumer Discretionary · Analysis
Black Friday Kicks Off: How to Navigate the Latin American Market?
Nov 20, 2024 10:36 AM
Insight
In-depth
Insight
In-depth
Consumer Staples
The Billion-Dollar European Caviar Business, Now Disrupted by China
Nov 08, 2024 01:52 PM