China’s New Board Is No Longer 'Star'

The Shanghai Star market has seen a decline in trading activity since its launch, with fewer IPOs than expected. Investors initially anticipated around 100 stocks by year-end, but only a few have listed. The market's timing coincided with a rebound in other Chinese markets, leading to a shift in liquidity. Despite this, recent IPOs have shown promise, and the market serves as a testing ground for relaxed regulations. The experiment is considered successful, with potential for future regulatory rollouts.

What was one of the main reasons for the initial excitement about the Shanghai Star market?

• The high value of stocks traded

• The immediate success of the market

• The large number of IPOs expected

• The presence of well-known industry leaders

Why did investors start losing interest in the Shanghai Star market?

• There were too many IPOs

• The market was closed for a period

• The market was too volatile

• The pace of listings was slower than expected

How did the timing of the Star market's launch affect its performance?

• It launched during a period of high investor confidence

• It coincided with a downturn in other markets

• It launched when other markets were improving

• It was delayed due to regulatory issues

What was a significant factor that pulled money away from the Star market?

• A major economic downturn

• Introduction of new regulations

• Rebounding of established markets

• A new stock exchange opening

What is the significance of the Shanghai Star market as a testing ground?

• It focused on international investments

• It was the first market to introduce digital trading

• It allowed for relaxed regulations

• It was the largest market in China