ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Shanghai's Star Market set for volatility after stellar first week

Board ends first five trading days 139% higher but analysts warn over frothy valuations

Nearly 150 companies have applied to list on Shanghai's new board.

SHANGHAI -- China's new Science and Technology Innovation board finished its first week of trading on a high note, raising hopes for companies planning to list but also concerns over volatility for investors.

The initial batch of 25 stocks on the Shanghai Stock Exchange's Star Market ended on Friday an average of 139% higher than their initial public offering price, raising 519.7 billion yuan ($75.5 billion) in total market capitalization.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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