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Shanghai's tech index turns into a nightmare

The Star50 Index was supposed to symbolize a new China. Head of state Xi Jinping personally announced it. But since its launch, the Shanghai tech index has only gone downhill. The government is reacting.

Jörn Petring
13. November 2023
Shanghai Composite Index Falling Below 3,000 Points HANGZHOU, CHINA - OCTOBER 20, 2023 - A mobile phone shows the Shanghai Composite Index falling below 3,000 points,Hangzhou, Zhejiang, China, October 20, 2023. Hangzhou Zhejiang China PUBLICATIONxNOTxINxFRA Copyright: xCFOTOx originalFilename: cfoto-shanghai231020_npXuP.jpg

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Last updated: 24. July 2025

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