GT Online: Beijing Stock Exchange Opens on the 15th With the First 81 Companies Listed

Written by: 西枫westca

Proofread by: Ermat

Image Source:Today’s news

According to Sina.com on November 14, the Beijing Stock Exchange was officially listed on the 15th. A total of 81 companies have gone through the public offering process or moved from the New Third Board to become the first batch of listed companies. In addition, more than 2.1 million investors have made appointments to open qualified investor privileges on the Beijing Stock Market. After the market opens, more than 4 million investors can participate in the Stock exchange.

The 81 companies listed in the first batch applied for an average of 82 patents each. Mainly focus on the new generation of information technology industry, high-end equipment manufacturing industry, biological industry and new material industry. According to GF Securities, the biggest difference between the Beijing Stock Exchange and the Shanghai and Shenzhen Stock Exchange is the adoption of a corporate system (the Shanghai and Shenzhen Stock Exchange is a membership system), which is in line with international standards. With reference to international experience, the implementation of the corporate system of the Beijing Stock Exchange will have the following two advantages: first, the corporate exchange has the function of listing and financing, and can be listed after reaching a certain scale; second, the corporate exchange is in line with the development trend of global exchanges, which is conducive to the BSE’s gradual integration with the global capital market.

Following Xi Jinping’s announcement on September 2 to establish the Beijing Stock Exchange, the BSE was listed just days after the closing of the 6th Plenary Session of the 19th National Congress of the Communist Party of China. With the current Chinese concept stocks being continuously delisted from the U.S. stock market, many large companies are facing defaults and the prospect of collapse and bankruptcy, and potential risks in the financial industry erupt at any time, a new round of cutting leeks is unfolding with fanfare. I sincerely hope that the Chinese people will recognize the essence of the CCP and stop being a lamb to be slaughtered! 


Source: 蹄疾步稳 北交所今日开市!|北交所_新浪财经_新浪网 (sina.com.cn)

Disclaimer: This article only represents the author’s view. Gnews is not responsible for any legal risks.

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