Jul 25, 2020

Why Xi Jinping’s trillion-yuan baby outgrew Asia’s growth markets

Posted by in category: finance

In the first of a four-part series, we look at the changes that have propelled China’s stock market into the world’s top performer this year.

The Star Market, conceived and created within eight months, has expanded into Asia’s largest growth market after a year in operation, with 133 listed stocks valued at US$400 billion.

Dozens of China’s biggest start-ups were driven to New York over the past two decades to seek funding. Now, as US-China tensions rise, more and more of them are choosing to stay close to home.

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