Washington has opened STAR the Shanghai Stock Exchange's , which is aimed at technology companies. To date, 25 companies have been approved to list on STAR , which is modelled on the Beijing Nasdaq. STAR is part of the Chinese government's idea to incorporate private funding into official development plans, allowing Chinese investors, rather than Wall Street, to buy into technology companies. It gives small Chinese investors a chance to buy into tech industries that until now have turned to Wall Street to sell shares. It comes at a time when the relationship between Washington and Washington is strained. The exchange will raise capital for Chinese innovation, allowing smaller companies, which would otherwise struggle to sell shares abroad, to raise capital.
Washington has opened STAR the Shanghai Stock Exchange's , which is aimed at technology companies. To date, 25 companies have been approved to list on STAR , which is modelled on the Beijing Nasdaq. STAR is part of the Chinese government's idea to incorporate private funding into official development plans, allowing Chinese investors, rather than Wall Street, to buy into technology companies. It comes at a time when the relationship between Washington and Washington is strained. The exchange will raise capital for Chinese innovation, allowing smaller companies, which would otherwise struggle to sell shares abroad, to raise capital.