SHANGHAI -- An index tracking China's year-old STAR market debuts Thursday, as the tech-oriented bourse aims to lure a broader range of investors as well as companies leaving or skipping Wall Street amid Beijing's escalating tensions with the U.S.
The Shanghai Stock Exchange will publish the index tracking 50 issues on the market, formally called the Science and Technology Innovation Board, a day after the bourse's one-year anniversary. The component stocks were picked based on liquidity and market capitalization, and will be reviewed quarterly.
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