Shanghai’s STAR Market gains $44 billion

Shanghai's STAR Market debut

Asia AI News 23 July 2019 – The Shanghai Stock Exchange’s new STAR Market for Chinese tech stocks stole the news day yesterday. The new Nasdaq-style board more than doubled its market capitalisation, adding around RMB 305 billion ($44.3 billion) in new market capitalisation to an initial market cap of around RMB 225 billion, according to Reuters figures.

Get updated on the STAR Market, plus the latest $115 million round of investment for Icertis and a successful $100 Series D round for Singapore-based computer vision retail solution company Trax, all in today’s Asia AI News.

Startups, investment firms and other organisations featured in today’s newsletter:

Icertis (India)
NITI Aayog (India)
Renault Samsung Motors (South Korea)
Tokyo 2020 Summer Olympics (Japan)
Trax (Singapore)

Read today’s Asia AI News daily newsletter

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