A total of 110 companies listed on the Beijing Stock Exchange with a market value of around $29 billion

A total of 110 companies have been listed on the Beijing Stock Exchange, with a combined market value of nearly 200 billion yuan (about $29 billion), media reported Friday. Currently, SMEs account for 77% of the 110 companies listed on the Beijing Stock Exchange, which was established in November 2021.

“SMEs and private enterprises are important forces for stabilizing economic growth and employment,” said Tian Lihui, professor of finance at Nankai University, adding that the establishment of the Beijing Stock Exchange is of great importance for strengthen the capacity of capital markets. The exchange has raised more than 23.5 billion yuan through initial public offerings, which averages 210 million yuan for each company.

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For the next step, the Beijing Stock Exchange will establish a diversified trading mechanism, encourage all types of investors to enter the market, improve its product system and strive to prevent financial risks, an official said. of the stock market, quoted by the media.

With MAP

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