The Star Market Overview 1Q 2020

The Star Market Overview 1Q 2020

The Star Market Overview 1Q 2020

Technology, Financials, Automotive Author: Ivan Platonov Apr 26, 2020 03:17 PM (GMT+8)

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Introduction

This is EqualOcean's second quarterly overview of the Shanghai exchange's tech board. Here, we adhere to the same structure as in the previous edition: the first chapter is heavily data-based, while the second part describes key regulatory shifts and other narratives that happened in China's financial market in the last quarter.

Highlights

  • After peaking in early March, the board dwindled, despite several new IPOs
  • The free float market cap of all the Star Market-listed firms on March 31 was CNY 212.57 billion, which is over 0.86% of A-share market – up from 0.57% on December 31, 2019
  • New public companies on the board raised CNY 29 billion in 24 IPOs in the first quarter of 2020 – nearly 47% and 37% of A-share market in terms of the number of listings and proceeds
  • Semiconductor stocks were up 14.5% – the cluster saw four new listings; CNY 7.66 billion was raised on IPO days by the new publicly traded chipmakers
  • Software developers added 17.91% to their market caps; five new stocks appeared – the cluster’s stocks made up one-fifth of the Star Market total value as of March 31

Contents

  • 1 Introduction
  • 2 Highlights
  • 3 Pain and gain amid global turbulence: numbers, patterns and industries
  • 4 Unstoppable financial reform: rules, upgrades and stories
  • 5 Other reports on the Star Market
  • 6 Our services

In this report

18
Charts

Depicting key changes and quantifying 1Q 2020 market trends

8
Narratives

Touching upon new regulations and China's ongoing financial reform

Selected reports
Robots Market Outlook 2024: Global Industry Trends, Insights, and Forecast
Chinese Enterprises in Europe Report 2023
China Automotive Industry Trends to Watch 2023
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