Beijing Bourse plans to help smaller tech companies to list
Stock Exchange to Boost Support for Small and Medium-Sized Tech Firms
BEIJING, Oct 20 — The Beijing Stock Exchange (BSE) announced on Sunday a new initiative aimed at helping small and medium-sized technology companies (SMEs) gain access to crucial financing and training, as part of broader efforts to drive innovation in China.
Under the plan, the BSE will support SMEs that may not yet be profitable but show strong potential for growth. These companies will be assisted in securing financing from banks and market institutions, while also receiving training to help them better navigate the challenges of growing their businesses.
The exchange will also encourage both listed companies and new SMEs to pursue mergers and acquisitions. Financial tools such as ordinary shares, preferred shares, and convertible bonds will be available to enhance these listings, the BSE said.
Additionally, the exchange will collaborate with policy and market institutions to provide credit enhancement support, helping SMEs strengthen their financial positions.
This move is part of China’s ongoing efforts to foster innovation and support the growth of its tech industry, positioning SMEs as a key driver of the nation’s economic future.
