Beijing Stock Exchange Unveils Support for Tech SMEs

The Beijing Stock Exchange is launching initiatives to assist small and medium-sized tech companies by offering training and financial access. This plan aims to support SMEs in listing on the exchange, obtaining financing, and engaging in mergers and acquisitions for enhanced growth and innovation.

The Beijing Stock Exchange announced plans to support small and medium-sized tech companies with training and financial access. This initiative, revealed on Sunday, aligns with government strategies to boost innovation.

The action plan aims to assist SMEs in listing on the bourse and obtaining financial backing from banks and market institutions. The exchange will foster growth through mergers, acquisitions, and various financial instruments such as ordinary and preferred shares, along with convertible bonds.

Additionally, the stock exchange will encourage policy and market institutions to provide credit enhancement support, bolstering the potential for SMEs to thrive.

(With inputs from agencies.)