The Beijing Stock Exchange (hereinafter referred to as the “Beijing Stock Exchange”), which forms a tripartite with the Shanghai Stock Exchange and the Shenzhen Stock Exchange, was officially announced on September 2 to be established. Its positioning is to serve innovative small and medium-sized enterprises. Immediately afterwards, the Beijing Stock Exchange officially registered, and a series of policies and regulations including the “Registration Management Measures for the Public Issuance of Stocks to Unspecified Qualified Investors (Trial)” and other policies and regulations were publicly solicited for comments. Recently, the Beijing Stock Exchange also announced its own LOGO.
Such high-efficiency operation shows that the Beijing Stock Exchange carries a major mission. In response, Wang Boming, director general of the China Securities Market Research and Design Center and editor-in-chief of Caijing magazine, said publicly, “I think the establishment of the Beijing Stock Exchange is a very important strategic choice. Although the Chinese economy is composed of large companies and small and medium-sized companies. (Pyramid pattern), but the future of China’s economy depends on small and medium-sized companies. For example, from the perspective of employment alone, private companies plus individual companies provide 400 million jobs, and other companies absorb about 160 million labor. The establishment of the stock exchange will definitely give a very significant boost to the development of SMEs.”
From the perspective of the dislocation development of the Beijing Stock Exchange, the Shanghai Stock Exchange and the Shenzhen Stock Exchange, Wang Boming pointed out that innovative SMEs that do not meet the “threshold” of the Shenzhen Stock Exchange’s Growth Enterprise Market and the Shanghai Stock Exchange’s Science and Technology Innovation Board can be listed on the Beijing Stock Exchange, just like the United States. ofNasdaqAttracting global technology SMEs to go public is the same.He said that the U.S. capital market has spontaneously formed a dislocation development pattern, that is, small businesses areNasdaqListing, development to a certain extent, and then transfer to the American Stock Exchange and even the New York Stock Exchange, manifested as a progressive relationship. However, because the Nasdaq market is becoming more and more important, some companies that have grown larger on the Nasdaq market are unwilling to transfer to the Nasdaq market, and even some listed companies in other markets will actively transfer to the Nasdaq market.
(Source: Stock Market Red Weekly)
Article source: Securities Market Red Weekly
Editor in charge: DF552
Original title: Wang Boming: Establishing the Beijing Stock Exchange to build the base of the pyramid, the future of China’s economy depends on small companies
Solemnly declare: The purpose of this information released by Oriental Fortune.com is to spread more information and has nothing to do with this stand.
Scan the QR code to follow
Oriental Wealth Official Website WeChat