Beijing Stock Exchange opens for investor registration, sets requirements
A view of Beijing's financial district. /CFP

A view of Beijing's financial district. /CFP

Investors can make appointments to trade on the Beijing Stock Exchange from Friday, the bourse announced in a notice.

The access threshold for individual investors is 500,000 yuan ($77,458) in securities assets, and there is no capital threshold requirement for institutional investors.

After the stock market opens, the entry threshold for individual investors will be average daily securities assets of 500,000 yuan in the 20 trading days prior to the opening. A minimum two years of experience in securities trading is also required.

The China Securities Regulatory Commission (CSRC) released accommodating regulations to the Beijing bourse on Friday asking for public feedback. The regulations concern issuance of shares, refinancing and supervision.

The CSRC said that the regulations are designed to highlight the characteristics of the Beijing Stock Exchange serving innovative small- and medium-sized enterprises (SMEs).

China announced earlier this month that it will set up a new stock exchange, in its capital Beijing.

The new exchange, which is set to be the third stock exchange on the Chinese mainland after those in Shanghai and Shenzhen, will augment an existing equity market – the "new third board" – according to the CSRC.

The "new third board," officially known as the National Equities Exchange and Quotations (NEEQ), was launched in Beijing in 2013. It offers SMEs a financing channel with low costs and simple listing procedures but only allows professional investors to trade equities in those companies.

Read more: Price limits of China's new stock exchange set to 30%

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