Shanghai’s Sci-Tech Innovation Board STAR Market is the winner among Asian stock exchanges with six out of the ten biggest IPO deals in July.
The debut of the STAR Market has been a major breakthrough for Chinese exchanges, as it allows a registration-based IPO mechanism for companies to list.
Although the Prime US REIT on the Singapore Exchange topped the IPO list with a value of $813 million, that deal still can’t distract people’s attention from the upsurge in most STAR Market stocks.
The charts below are compiled using data from Dealogic as of July 31.
Top 10 IPOs across...