Beijing Stock Exchange Has 351 Listed Companies... High-Tech Firms Exceed 90%
China's Securities Regulatory Commission said it would swiftly improve the product lineup of the Beijing Stock Exchange and expand the supply of publicly offered funds. The plan aims to promote balanced development on both the investment and financing sides.
At the recently held 2026 Financial Street Forum Annual Meeting, Shang Qingjun, a Level-I Inspector at the CSRC's Department of Public Company Supervision, said the Beijing Stock Exchange had 351 listed companies and had provided cumulative financing services of about 90 billion yuan to small and medium-sized enterprises. Among the listed companies, more than 60% are national-level "little giant" enterprises specializing in niche sectors, with advanced technologies, distinctive expertise and innovation; more than 90% are high-tech enterprises; and more than 80% belong to strategic emerging industries. He said representative, high-quality small and medium-sized enterprises had emerged in various fields, including new materials, advanced equipment and next-generation information technology.
Inspector Shang said the exchange would strengthen institutional development on the investment side and promote balanced development of the primary and secondary markets. "We will improve the issuance and underwriting system and steadily implement market-capitalization-based allocation of new shares to improve secondary-market investors' experience," he said. "We will promote reasonable pricing for new shares and continue to put demand-based pricing into practice, appropriately increasing flexibility in price discovery."
Lu Songbin, chairman of the Beijing Stock Exchange, said the exchange would focus on channeling financial capital into early-stage, small-scale, long-term and hard-tech investments. There are currently about 11.7 million eligible investor accounts, twice as many as when the exchange opened, and more than 3,000 publicly offered funds invest in Beijing Stock Exchange-listed stocks. The investor base is gradually being optimized, and market trading is becoming increasingly active.
Hot Picks Today
"Two Spend 500,000 Won in a Flash, Yet Wait Two Hours?" ... 'Dreamland' Shunned by Kids and Foreign Tourists
- The Era of Getting 200 Million Won After 30 Years Is Over... A Japanese Bank's "Perpetual Department Head" Who Just Clocked In Cries Out
- Spain Hit by Its Worst Tragedy... Lee Kangin, Moreno and Real Madrid Join Soccer World in Mourning
- They Said, “Make It Your Home for Life” - Then Suddenly Kicked 200 Passengers Off... What Happened to the Around-the-World Cruise?
- "130 Rice Bowls Sold Out in a Day"... 'Unfiltered Face' Adds 8 Million Won to Night Market Sales: China's Bungeunwoo
"We will diversify investment in market index products and work to launch a Beijing Stock Exchange 50 ETF to expand the supply of fund products," Chairman Lu said. "We will also smooth the channels for medium- and long-term capital to enter the market."
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.