On November 15, according to the Bloomberg News Site, the Beijing Stock Exchange opened, will focus on small giants.

According to reports, over the years, China has been carrying out a fight against small business financing.

These companies are hoping to have the first stock exchange of Beijing to complete this task. On the 15th, Beijing Stock Exchange is intended to be listed on other exchanges as a platform that is listed in small and medium-sized enterprises, and cannot be launched in other exchanges due to insufficient scale. About 70 companies will transfer from the existing trading market in China, and the other 10 companies will be launched the first time on the same day on Monday. According to the report, the number of companies listed on the North Exchange will only be a small part of the number of Shanghai-Shenzhen listed enterprises.

The exchange is intended to broaden the company’s financing channels to promote China’s technical ambitions and reduce dependence on the West. The move also marks a decades of efforts to make the country’s financial market more positive.

Jingshun (Hong Kong) Investment Company is responsible for the senior portfolio manager of China’s equity assets, Chris Liu (sound) said that this new stock exchange can be an important cultivation site of these small giant companies.

According to the report, 10 companies in the first listing of the North Exchange in the 15th include data analysis enterprises Shenzhen Guangdao High-tech Company and Quartz Crystal Components Manufacturers Anhui Jingting Technology.

The two companies have raised $ 1.5 billion (about billion US dollars) through the sale shares in the preparation phase. Reference Information Network November 15 report According to the Bloomberg News Site, the Beijing Stock Exchange opened, and the small giant enterprise will be focused. According to reports, over the years, China has been carrying out a fight against small business financing. These companies are hoping to have the first stock exchange of Beijing to complete this task.

On the 15th, Beijing Stock Exchange is intended to be listed on other exchanges as a platform that is listed in small and medium-sized enterprises, and cannot be launched in other exchanges due to insufficient scale. About 70 companies will transfer from the existing trading market in China, and the other 10 companies will be launched the first time on the same day on Monday. According to the report, the number of companies listed on the North Exchange will only be a small part of the number of Shanghai-Shenzhen listed enterprises. The exchange is intended to broaden the company’s financing channels to promote China’s technical ambitions and reduce dependence on the West.

The move also marks a decades of efforts to make the country’s financial market more positive. Jingshun (Hong Kong) Investment Company is responsible for the senior portfolio manager of China’s equity assets, Chris Liu (sound) said that this new stock exchange can be an important cultivation site of these small giant companies.

According to the report, 10 companies in the first listing of the North Exchange in the 15th include data analysis enterprises Shenzhen Guangdao High-tech Company and Quartz Crystal Components Manufacturers Anhui Jingting Technology. The two companies have raised $ 1.5 billion (about billion US dollars) through the sale shares in the preparation phase. According to media reports, another 71 companies that list trading will transfer from a homage trading market that is dedicated to the transfer of smaller business shares to Beijing Stock Exchange.

The report pointed out that the Beijiao will provide a more convenient listing threshold for the Shenzhen Stock Market, the Shenzhen Stock Market, the Shenzhen Stock Market, the Shenzhen Stock Market is only 200 million yuan, and it will be Better than the national SME share transfer system better liquidity. Compared to 20% of the two transaction places, the North Exchange will allow the stock price to have a greater fluctuation per day with a maximum fluctuation of 30%. Fu Lichun, Beijing Yuntai Capital Joint Foundation, said: Many companies with huge innovation potential may have a meeting in Komantnock, but don’t hurry to harvest this in their early stages.

The report believes that it is true that in view of the small volumes of these companies and their initial nature, the North Exchange is unlikely to cause huge waves.

Since its inception in 2019, it has been listed on the board in 2019. Analytics from China International Finance Co., Ltd. wrote in a recent journalist: We expect the initial transactions from the North Exchange to have a limited impact on the performance and liquidity of the A shares.

According to reports, China has been promoting equity financing when seeking to reduce bank’s credit risk exposure.

At the same time, relevant media reports, China will actively cultivate new special enterprises to break the supply chain bottleneck.