A Valuation of the Science and Technology Innovation Board in China

China as a representative of an emerging developing country has more growth advantages than other developed countries, while the Sci-Tech Innovation Board (STAR) is an important pilot base for the nation’s stock market reform. Relying on this market, China hopes to improve the efficiency of its capital allocation and then cultivate science and technology giant enterprises. The STAR has been continuously sought after by market funds since its official opening on 13 June 2019. This book systematically explains the management system of the STAR, discusses the investment opportunities of various industries through the valuation of representative enterprises, and provides readers with a comprehensive picture of the STAR. It will be indispensable to every amateur investor who intends to expand business in China, and those academic researchers who want to make sense of research on such topics as enterprise valuation, financial market regulation, and market structures.