Beijing Stock Exchange Marks Fifth Anniversary With 339 Listed Companies and 840 Billion Yuan Market Cap

The Beijing Stock Exchange marked its fifth anniversary on September 2, with 339 listed companies and total market capitalization rising from about 300 billion yuan at launch to about 840 billion yuan, according to Jiemian News. The number of companies with market value above 10 billion yuan increased from four to eight, while average daily turnover climbed from less than 1 billion yuan at launch to about 20 billion yuan. More than 60% of listed companies are national-level specialized, sophisticated, distinctive and innovative “little giant” firms, spanning robotics, new energy, aerospace, semiconductors and autos. Over the past five years, the exchange has helped small and medium-sized enterprises raise about 80 billion yuan, with more than 80% of the funds going to green and low-carbon industries, the digital economy, high-end equipment manufacturing and new materials.