Steps boosting STAR Market sentiment

Thanks to recently introduced supportive policies, restructuring as well as merger and acquisition activities are likely to pick up in the STAR Market on the Shanghai Stock Exchange, which will in turn elevate risk appetite and improve performance of the board to nurture "hard technologies" such as integrated circuits, said experts and industry mavens.

They made the comments after the SSE on Friday held a special training program for nearly 50 STAR Market-listed IC companies to explain the eight new policies released by the China Securities Regulatory Commission on June 19.

The new policies, which are projected to complete the basic mechanism for the STAR Market, said that companies trading on the board will be supported to acquire quality "hard technology" companies that have not generated profits yet.