ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Markets

A year later, Shanghai's 'Nasdaq' looks increasingly Chinese

STAR Market wrestles chipmaker SMIC away from NY listing

A ceremony marking the start of trading on the STAR market in July 2019. (Photo by Yusho Cho)

SHANGHAI -- As China's STAR equity market approaches its one-year anniversary next month, the Nasdaq-like board in Shanghai appears increasingly beholden to state policy from Beijing designed to promote advanced domestic technology.

The Shanghai Stock Exchange will conduct a final review of Semiconductor Manufacturing International Corp. on Friday -- less than three weeks after China's top chipmaker applied June 1 to join the exchange's tech-heavy STAR Market.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more