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New star rises in Shanghai

Updated: Jun 20, 2019 By Shi Jing in Shanghai and Zhou Lanxu in Beijing China Daily Print
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Timeline

Nov 5-President Xi Jinping announces plans to launch the STAR Market at the Shanghai Stock Exchange and pilot a registration-based IPO system

Jan 23-Overall implementation plan for STAR Market and registration-based IPO system approved

Jan 30-China Securities Regulatory Commission solicits public opinion on supervision rules and IPO rules for STAR Market

Jan 30-SSE solicits public opinion on rules for the STAR Market and registration-based IPO system

Mar 1-Supervisory rules and IPO rules for STAR Market approved

Mar 4-SSE releases trading rules for STAR Market and registration-based IPO system

Mar 13-STAR Market stages first systematic test run

Mar 18-SSE launches IPO application review system for STAR Market

Mar 26-First nine companies submit the necessary application documents

April 13-First listing committee for STAR Market formed

April 22-First seven mutual funds win approval to invest in STAR Market

June 5-First three companies pass SSE review

June 11-First three companies enter registration process

June 13-Launch of STAR Market

June 14-First two companies complete IPO registration

June 15-Launch of STAR Market trading system

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