When serving small and medium-sized enterprises, don’t wait for the capital market to run out of the “Beijing Stock Exchange Speed”
Market Information Network 2021-11-01 17:20:00 Source: Xinhua Net Comment:
The opening time of the Beijing Stock Exchange is getting closer and closer. In the past weekend, the rules of the Beijing Stock Exchange have basically been put in place. I believe that in the near future, the gong can be opened when everything is ready. Time does not wait, the pace of capital market reform is changing with each passing day.
In the past two months, the preparations of the Beijing Stock Exchange have been carried out in an orderly and intensive manner. A number of important matters such as industrial and commercial registration, investor entry threshold setting, whole network testing, and the official release of the basic system have been successfully completed. The “Beijing Speed” of China’s capital market fully reflects the comprehensiveness and efficiency of this round of registration reform in the capital market with Chinese characteristics, as well as the urgency of supporting the innovative development of small and medium-sized enterprises. To build an innovative country and achieve scientific and technological self-reliance, it is necessary to promote the accelerated growth of a large number of innovative small and medium-sized enterprises, cultivate and strengthen new economic momentum, and form new economic growth points.
At present, there are more than 40 million enterprises in China, of which more than 95% are small and medium-sized enterprises, and more than 220,000 are high-tech small and medium-sized enterprises. For the financing needs of large-scale and wide-ranging small and medium-sized enterprises, the financial market has huge space and great responsibilities in expanding the service coverage of small and medium-sized enterprises and alleviating financing difficulties. The birth of Beijing Stock Exchange coincided with the time when innovative SMEs need a main position in the capital market. Beijiao’s advantages in incubation, price discovery, financing, etc. will help serve a group of “specialized and special new” small and medium-sized enterprises, which are mainly manufacturing industries, and small and medium-sized enterprises with outstanding innovation capabilities in strategic emerging industries. Extended production service companies, as well as high-quality and diversified life service companies. On the one hand, SMEs have high innovation risks, high uncertainties, and long cycles. The Beijing Stock Exchange can continue to optimize the access conditions for listing, enrich the dimensions of innovation evaluation, improve review tolerance, improve the market maker system, and study the introduction of hybrid trading, Margin trading reflects the concept of precision and tolerance. On the other hand, the Beijing Stock Exchange can also provide funding for small and medium-sized enterprises. Investors in the Beijing Stock Exchange have investment needs, a “small, fast, flexible, and diversified” issuance and financing system, an equity incentive system and a differentiated voting rights system, which can fundamentally release the innovative vitality of SMEs.
Small and medium-sized enterprises also need a full range of financial services across the entire chain. In the NEEQ market, Beijiao acts as the “leader” of the main position, playing the role of demonstration and leading and “feeding back” to stimulate the vitality of the overall market; the foundation layer and the innovation layer are the foundation, undertaking the normative and cultivating function, and continuously serving the Beijiao Delivered high-quality listing resources. Outside the market, through the transfer mechanism, strengthen the interconnection with the Shanghai and Shenzhen stock exchanges and regional equity markets, support commercial banks to carry out investment and loan linkages, mergers and acquisitions loans and other business innovations, and form a multi-level capital market for synergy, direct financing and indirect financing. The situation of financing two-wheel drive.
Starlight doesn’t care about travellers. All parties involved in the market are making every effort to prepare for the opening of the market. This is another highlight of the high-quality development of China’s capital market. It is a new growth path for innovative development and is bound to draw a new chapter in financial services to the real economy. .
Editor in charge: Liu Jiaming
Disclaimer: The content of this website is reproduced from other media for the purpose of conveying more information, and it does not mean that this website agrees with its views. The originality and the text and content stated in the article have not been verified by this site. This site does not make any guarantee or commitment to the authenticity, completeness, and timeliness of this article, all or part of the content, and the text, and please verify the relevant content yourself. This site does not bear the direct and joint liability for the infringement of such works. If any content on this website infringes your rights, please contact us in time, this site will be processed within 24 hours. Contact number: 0351–4168533
In addition, the market is risky, so choose carefully! This article is for reference only and not as a basis for trading. If investors operate on this basis, they are at their own risk.
.