China’s New Board Is No Longer 'Star'

The Shanghai Star market has seen a decline in trading activity since its launch, with fewer IPOs than expected. Investors initially anticipated around 100 stocks by year-end, but only a few have listed. The market's timing coincided with a rebound in other Chinese markets, leading to a shift in liquidity. Despite this, recent IPOs have shown promise, and the market serves as a testing ground for relaxed regulations. The experiment is considered successful, with potential for future regulatory rollouts.

Discuss the impact of the timing of the Shanghai Star market's launch on its initial performance.

What does the future hold for the Shanghai Star market based on the initial results and investor sentiment?