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Shanghai's a global financial hub

By Shi Jing in Shanghai | China Daily | Updated: 2019-07-01 08:00

STAR Market is the latest achievement after stock and bond connects, renminbi-priced products, futures, big banks, ETF link and fintech to burnish the city's pioneering role in China's opening-up

The launch of technology-focused STAR Market by the Shanghai Stock Exchange on June 13 marked yet another step of the metropolis toward transforming itself into an international financial hub.

On June 19, Suzhou-based automatic detection equipment maker HYC Technology became the first company to make its initial public offering on the Nasdaq-like STAR Market.

Shanghai's a global financial hub

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