STAR Market, China's Nasdaq, hits the big time with CXMT listing
HONG KONG -- The Shanghai Stock Exchange's high-tech STAR Market has gained prominence thanks to the blockbuster listing of chipmaker CXMT, playing a growing role in China's state-led industrial race with the U.S.
Chipmaker's strong debut shows how Chinese state funds are underpinning markets
CXMT became the most valuable company on mainland Chinese markets after its July 27 listing. © Reuters
HONG KONG -- The Shanghai Stock Exchange's high-tech STAR Market has gained prominence thanks to the blockbuster listing of chipmaker CXMT, playing a growing role in China's state-led industrial race with the U.S.
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