Reforms seen boosting scale, liquidity of China’s smallest stock exchange ...Middle East

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Reforms seen boosting scale, liquidity of China’s smallest stock exchange
A blueprint aimed at revamping the fledging Beijing Stock Exchange will boost the appeal and valuations of the companies trading on mainland China’s smallest bourse in the long run, according to analysts. A 19-point set of guidelines, which was issued by the China Securities Regulatory Commission (CSRC) on Friday after the market closed, called for listings of better-quality companies, more mutual-fund products to track the market and greater participation by overseas investors. The Beijing exchange, founded in 2021, aims to improve significantly in scale, efficiency and liquidity in the next three to five years, and build itself into a bourse of strong branding and influ

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