Focus on Arts and Ecology

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Beijing Stock Exchange to launch trading on November 15

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November 12, 2021 

The Beijing Stock Exchange (BSE), China's newest bourse, announced in a statement on Friday that it will open for business on November 15.

The establishment of the BSE was announced by Chinese President Xi Jinping in September while addressing the Global Trade in Services Summit of the 2021 China International Fair for Trade in Services. The new bourse was set to be a major base for innovative small and medium-sized enterprises (SMEs), serving the high-quality development of the real economy.

On Friday, the BSE issued six business rules including the detailed rules for qualified foreign institutional investors (QFII) and RMB qualified foreign institutional investors (RQFII) to implement securities transactions in the bourse, it said in the statement, adding the new rules will take effect on November 15, 2021.

(Sources: China Report)

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