SHANGHAI/HONG KONG -- Competition to spotlight Chinese technology stocks heated up a notch on Thursday as Shanghai's STAR Market launched its first index, just two trading days ahead of the debut of a Hong Kong rival.
The STAR 50 dipped 0.2%, or 3.1 points, from its open by closing, though it briefly rose in the first half-hour of morning trading. Equipment maker Suzhou Tztek Technology led the declines, with a drop of 5.2%.