Investor Presentaiton
STAR Market pipeline in detail
Seven pre-profit biotech companies were
listed in the STAR Market during the year
demonstrating the bourse's flexibility and
presence for biotech firms.
STAR Market applications
- sector breakdown*
By number of companies
Total number of companies = 225
ENR Others
3% 1%
STAR Market applicants by listing criteria
Listing criteria*
No. of
Active
Applicants
No. of
Listed
Companies
Market Cap & Profit
192
178
Market Cap, Revenue &
R&D
7
6
CO
Market Cap, Revenue &
III
2
1
Operating Cash Flow
IV
Market Cap & Revenue
10
15
Market Cap & Advanced
V
7
7
Technology
WVR structured
WVR
2
1
companies
Red
Red-chips companies
chips
Sources: SSE and KPMG analysis
Healthcare /
Life sciences
23%
TMT 23%
Advanced
industrials
38%
Source: Wind and KPMG analysis
Note: All figures are based on a combination of data as at 6 December 2020 and KPMG
estimates, unless otherwise stated. STAR market active applicants included suspended
applications () which is due to the expiry of their financial information.
Historically these applications have been reactivated promptly with updated financial
information being submitted by the listing applicant.
Criteria I, which has the lowest market
capitalisation requirement, is the most
predominant listing criterion adopted.
Note: Data as at 6 December 2020. For details about listing criteria, please refer to Sci-
Tech Innovation Board rules by SSE and CSRC (available only in Chinese).
KPMG
© 2020 KPMG, a Hong Kong partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited
("KPMG International"), a private English company limited by guarantee. All rights reserved.
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