STAR 50 index to makes its debut in July
China will officially launch the index for the Shanghai Stock Exchange STAR Market on July 22, the first anniversary of the first batch of firms starting trade on the Nasdaq-like board, the Shanghai Stock Exchange said on Friday.
The STAR 50 index consists of 50 STAR-listed firms, with 1,000 points originally based on their prices on December 31 last year. The index will be released after trading on July 22 and offers real-time change in the following trading day, according to the Shanghai Stock Exchange.
The 50 firms cover next-generation information technology, biomedicine and advanced equipment industries.
Read more at Shanghai Daily.
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