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New star rises in Shanghai

By Shi Jing in Shanghai and Zhou Lanxu in Beijing | China Daily | Updated: 2019-06-20 07:23
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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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