Mission and Vision
To enhance the capability to serve technology innovation, to promote the high-quality development of China's economy
To support the construction of Shanghai International Financial Center and Innovation Center of Science and Technology, to promote the joint development of the two centers
To promote the market-oriented reform of the capital market, to improve the multi-tiered capital market, and to accumulate experience for the construction of the capital market infrastructure
Basic Principles And General Ideas
Positioning and Targeted Industries
Positioning
To serve the frontier in the global science and technology sectors, to serve the major battlefield of the economy, and to serve the major needs of the country;
To serve enterprises of science and technology innovation that serve the national strategy, have breakthroughs in core technologies and enjoy wide recognition from the market.
Targeted Industries
The SSE STAR market mainly supports high-tech industries and strategic emerging industries such as
- New Generation IT
- High-end Equipment
- New Materials
- New Energy
- Energy Conservation & Environmental Protection
- Biomedicine
It promotes the deep integration of
- Internet
- Big Data
- Cloud Computing
- Artificial Intelligence
- Manufacturing
It encourages medium and high-end consumption, and drives reforms on quality, efficiency and power. The specific industries will be published by Shanghai Stock Exchange and updated in due course.
Overall Characteristics of the SSE STAR market
The Offering Review and
Registration System
Diversified Listing Standards
Market-oriented Offering
Pricing
Differentiated Trading
Mechanisms
More Targeted
Continuous Supervision
Strengthened Delisting
System
Timeline of the Project
2019.7.22
The first batch of 25 companies was listed on the SSE STAR Market.
2019.6.14
The first 2 companies successfully registered at the CSRC.
2019.6.13
The SSE STAR Market was officially launched.
2019.6.5
The first listing committee review meeting was held and 3 companies got review.
2019.3.18
The SSE officially began to accept applications for offering and listing of issuers.
2019.3.1
The CSRC and the SSE released key rules and guidelines on SSE STAR market.
2019.1.23
The plan and guidelines for the STAR Market were approved by the central committee for deepening overall reform.
2018.11.5
The Sci-Tech Innovation Board (SSE STAR Market) was announced by President Xi during the China International Import Expo.