(Yicai Global) Aug. 5 -- Harbin Xinguang Optic-Electronics Technology led the Shanghai Stock Exchange's Star Market in trading today after surging by the 20 percent up limit.

Its stock [SHA:688011] was trading at CNY103.80 (USD14.95) at the market close, valuing the company at CNY10.4 billion (USD1.5 billion) -- a new high since it listed on July 22.

Most companies listed on the board, designed for innovative science and technology startups, gained throughout the day, with just two declining -- by less than 1 percent.

Editor: James Boynton