Xinhua Review: The hoof is fast and steady! The launch of Beijing Stock Exchange will inject new vitality into the capital market

　　Xinhua News Agency, Beijing, November 14 -

　　Xinhua News Agency reporters Liu Hui and Yao Junfang

　　The closely watched Beijing Stock Exchange will open for trading on the 15th.

From the announcement of the establishment to the opening of the market, in just over two months, the pace of reform has been steadily steady.

People expect that the Beijing Stock Exchange will set sail steadily, inject more reform vitality into the capital market, bring more development opportunities to all parties, and inject more positive energy into the high-quality development of China's economy.

　　The service targets of the Beijing Stock Exchange highlight “earlier, smaller, and newer”. The average market capitalization, average operating income, and average initial fundraising amount of selected companies that are to be converted into listed companies are significantly lower than those of Shanghai and Shenzhen listed companies. Innovative small and medium-sized companies The company has distinctive characteristics.

The launch of the Beijing Stock Exchange marks a new level of the capital market’s ability to serve the innovation and development of small and medium-sized enterprises. In the future, it will be more vigorous in direct financing, resource allocation, innovative capital formation, stimulating entrepreneurship and talent innovation vitality.

　　The establishment of the Beijing Stock Exchange is another major strategic plan for the reform and development of China's capital market. It is of great significance for further improving the multi-level capital market system and better supporting the high-quality development of the real economy and small and medium-sized enterprises.

　　"Small and medium-sized enterprises can do great things", and the Beijing Stock Exchange will boost the spirit of the development of small and medium-sized enterprises.

Small and medium-sized enterprises have a large number and a wide range, strong innovation drive, outstanding resilience and vitality, and they have a lot to do in building a new development pattern.

Since the announcement of the establishment of the Beijing Stock Exchange in early September, all parties in the market have responded positively. The overall capital market has been operating smoothly. All preparations for the opening of the Beijing Stock Exchange have been prepared. The vitality of the NEEQ market has been stimulated, and the reform effect has initially appeared.

The first batch of 81 listed companies have stable operations and outstanding growth. After the market opens, a total of more than 4 million investors can participate in transactions on the Beijing Stock Exchange, and 8 Beijing Stock Exchange-themed public funds have completed the registration.

Behind this is the "vote of confidence" cast by all parties in the market on the Beijing Stock Exchange.

　　The efforts and consensus of all parties have laid a good foundation for the smooth start of the Beijing Stock Exchange.

With the opening of the Beijing Stock Exchange and continuing to uphold the spirit of reform and innovation, a series of institutional rules that fit the characteristics of small and medium-sized enterprises will continue to be improved during the running-in process. Whether it is innovative small and medium-sized enterprises, intermediaries or various investors, it will usher in New opportunities.