The Beijing Stock Exchange (BSE) may become another “rotten tail” venture under the Xi Jinping administration, a senior financial expert says. The Chinese catchphrase refers to a failed or unfinished task, usually as a result of ill-conceived planning or poor execution. Trading volume on the BSE continued to decline in 2023, with daily turnover of…
China Stock Exchange for Small Companies Launches in Beijing
A new stock exchange set up for smaller companies opens trading in Beijing on Nov.15, amid a crackdown on the country’s tech giants that has wiped more than $1 trillion off their market value abroad. The new bourse in the capital city joins two other exchanges in Shanghai and the southern city of Shenzhen, mainland…
Beijing Stock Exchange Sets Investor Capital Requirements
September 21, 2021
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China’s third, upcoming stock exchange will require minimum capital requirements on certain investors. Individual investors must have 500,000 yuan ($77,400) of assets in their accounts to trade on the Beijing Stock Exchange, the planned exchange announced on Friday. China will set up a third stock exchange in Beijing, which will be a primary platform for innovative…
Expert Warns Investors That China’s New Beijing Stock Exchange Is Risky
News Analysis China will soon launch a stock exchange in Beijing to serve small and medium-sized enterprises (SMEs), but analysts warn that this model has existed in China before and turned out to be a failure. The Beijing Stock Exchange (BSE) was set up to serve innovative SMEs, Chinese leader Xi Jinping said in a speech at…
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