A Year On, China's Tech-Focused Stock Market Is Making Strides

The STAR Market, China's equivalent to a tech-focused Nasdaq, is fueling growth in China's tech sector, but Beijing's regulation and fears of both domestic speculation and industry bubbles will constrain the exchange's potential for growth. A recent string of launches is demonstrating the STAR Market's potential power to raise capital and draw investment into the Chinese technology sector. China will likely continue to liberalize the market faster than its other domestic stock markets, as the exchange becomes increasingly central to China's overall technology ambitions amid its tech war with the United States. The success of the STAR Market, however, will depend on the innovativeness and quality of the companies involved in it, as well as the broader constraints to China's tech sector. ...