Most stocks surge on China's Star Market debut

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SHANGHAI China's new Nasdaq-style board for home-grown technology firms started trading yesterday, with most of the stocks surging in their debut. Most of the first batch of 25 companies - ranging from chipmakers to biotech firms - climbed quickly in early trade on the Star...

SHANGHAI China's new Nasdaq-style board for home-grown technology firms started trading yesterday, with most of the stocks surging in their debut.

Zhangjiang Hangke Technology was the first company to hit an upper-limit circuit breaker designed to temporarily halt trading in a bid to calm frenzied buying, climbing 30 per cent from the market open.

 

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