People take pictures during an opening ceremony of the Shanghai Stock Exchange's Sci-Tech Innovation Board in Shanghai on July 22, 2019. - Trading begins on July 22 on a new Nasdaq-style technology board in Shanghai that represents one of China's most significant market reforms, and a potential weapon in its growing tech rivalry with the United States. Twenty-five stocks debuted on the Shanghai Stocks Exchange's Sci-Tech Innovation Board -- dubbed the STAR Market -- in which listing and trading rules have been eased to help channel funding to start-ups. (Photo by STR / AFP) / China OUT        (Photo credit should read STR/AFP/Getty Images)
STR/AFP/Getty Images
People take pictures during an opening ceremony of the Shanghai Stock Exchange's Sci-Tech Innovation Board in Shanghai on July 22, 2019. - Trading begins on July 22 on a new Nasdaq-style technology board in Shanghai that represents one of China's most significant market reforms, and a potential weapon in its growing tech rivalry with the United States. Twenty-five stocks debuted on the Shanghai Stocks Exchange's Sci-Tech Innovation Board -- dubbed the STAR Market -- in which listing and trading rules have been eased to help channel funding to start-ups. (Photo by STR / AFP) / China OUT (Photo credit should read STR/AFP/Getty Images)
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