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Beijing Stock Exchange Sees Surge in Investor Activity After New Policies Implemented

CCTV News: Recently, the Beijing Stock Exchange and the National Equities Exchange and Quotations issued the first batch of eight reform and innovation measures. This week is the first week that the policy to support investors on the Science and Technology Innovation Board to directly participate in market transactions on the Beijing Stock Exchange has been implemented, and investors have been enthusiastic about opening accounts.

The reporter came to a securities sales department in Beijing and learned that many securities firms have added one-click access to the Beijing Stock Exchange, making it very convenient and fast for investors to open accounts.

The latest data from the North Exchange shows that after the new policy was implemented, more than 170,000 new accounts were opened on the North Exchange from September 4 to 8, which is much higher than before the policy was introduced. The new regulations of the Beijing Stock Exchange require that when investors who have opened the Shanghai Stock Exchange’s Science and Technology Innovation Board permission apply to open the North Exchange’s permission, they do not need to meet the conditions of 500,000 yuan in assets and 24 months of trading experience. The securities company knowledge assessment link is cancelled, and investors sign the risk After the disclosure letter is issued, the authority of the North Exchange can be opened.

Trading activity increased significantly in the first week after the new policy was implemented

The Beijing Exchange said yesterday (September 8) evening that judging from the first trading day after the eight new reform policies were released, the trading activity of the Beijing Exchange increased significantly, and the market showed a restorative upward trend. The BSE 50 Index rose by 1.81% cumulatively, with a weekly turnover of 9.928 billion yuan, an average daily turnover of 1.986 billion yuan, a month-on-month increase of 45.83%, and an average daily turnover rate of 1.42%, a month-on-month increase of 0.39 percentage points.

Editor: Wu Jiahong

2023-09-09 07:38:29
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