No matter your political stance, China's growing economy can't be ignored. The following introduction to China's counterpart to Nasdaq -- the Science and Technology Innovation Board (the STAR Market) is based on Dr. Jili Chung's presentation at European Guanxi's Webinar, "Anatomy of China’s innovation ecosystem: the STAR Market and IP exchange" from May 22, 2021.

Stars are falling
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This March, the US Securities and Exchange Commission (SEC) sent shockwaves across the Pacific Ocean, shaking global capital markets.  It adopted the Holding Foreign Companies Accountable Act passed by the Trump administration.  As a result, the SEC now has the authority to demand US-listed companies to affirm that they are not owned or controlled by a governmental entity in a foreign jurisdiction.

​Innovation's Crouching Tiger shows us that the STAR Market can be used as a tool to see which industries are popular at any given moment. The STAR Market, a subsidiary of the Shanghai Stock Exchange, aims to become high-tech industries' first choice when applying to boards to be publicly traded.

​Here, we show you which companies listed on the STAR board have been traded at the highest volume.

The STAR (Sci-Tech innovAtion boaRd) Market is China’s counterpart to NASDAQ and has become a new board in the Shanghai Stock Exchange (SSE) since 13 June 2019.  In its continued effort to increase the size and depth of its financial market, China launched the STAR Market to address the needs of the innovative industries. Anyone seeking to observe China's innovation developments must use it as a window.