Milestones of China's A-share market in 2019

・ April 8: The benchmark Shanghai Composite Index hit the year's highest intraday level at 3288.45 points

・ June 13: The Shanghai Stock Exchange launched the sci-tech innovation board, or the STAR Market, as the first A-share submarket implementing the registration-based system

・ June 17: The Shanghai-London Stock Connect commenced trading

・ June 21: FTSE Russell included A shares in its global benchmark universe for the first time

・ July 22: The STAR Market started trading with 25 listed firms

・ Sept 10: China removed the quota limit of Qualified Foreign Institutional Investors

・ Sept 10: The China Securities Regulatory Commission announced 12 key tasks of comprehensively deepening capital market reforms

・ Oct 18: The CSRC eased requirements for reverse mergers and allowed them on the ChiNext

・ Nov 26: MSCI finished its three-step plan of increasing the weighting of A shares in its investment benchmarks

・ Dec 13: The CSRC allowed subsidiaries of qualified mainland-listed firms to go public domestically as independent entities

・ Dec 23: The first stock index option contract listed on the mainland, with the CSI 300 Index as the underlying asset, started trading

・ Dec 28: The revised securities law was adopted