China Just Launched Their Nasdaq Version of a Stock Exchange – STAR Market

Chinese regulators have just approved a new tech-heavy board of 25 companies for the STAR Market.  This new STAR Market is modeled on the U.S.-based NASDAQ composite reflecting the ruling Communist Party’s desire to keep private capital within its own country. It allows mid-sized Chinese investors to invest in Chinese tech companies that until recently would have been listed on Wall Street, London Stock Exchange or Hong Kong Stock Exchange.