The Star 50 index value at the Shanghai Stock Exchange in China at the end of April 2024 was 767 points. Since its base date in December 2019, the index at its peak had increased in value by more than 50 percent and had made its most significant gains after March 2020. The Star 50 index was dominated by the information technology industry and the pharmaceutical industry, including Beijing Kingsoft Office, Advanced Micro, and Haier Biometrical.
A new milestone
The Shanghai Stock Exchange introduced the Star 50 index at the end of July 2020 which was a significant step in constructing the trading board. Created in July 2019, the Star…