Beijing bourse operates smoothly one year on

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The Beijing Stock Exchange has operated smoothly and seen improvements in its ability to serve the innovation development of medium-sized and small businesses one year after it began trading, said the bourse.

Launched on Nov. 15 last year, the Beijing Stock Exchange now has 123 listed companies and has raised 26.8 billion yuan (3.8 billion U.S. dollars). Of the bourse’s 123 listed companies, medium-sized and small firms account for 77 percent, while private enterprises take up 86 percent.

Most listed firms, including 49 “little giant” companies (small enterprises specializing in niche markets with cutting-edge technologies and great potential), are in sectors of high-end equipment manufacturing, new energy, software, hardware technologies, and new materials. —Xinhua

 

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