Beijing Stock Exchange

The Beijing municipal government had lobbied for years to upgrade the National Equities Exchange and Quotations (NEEQ) exchange (nicknamed "The New Third Board" (新三板)) to act as a home for US-listed Chinese firms. On 2 September 2021, General Secretary of the Chinese Communist Party Xi Jinping announced the establishment of the Beijing Stock Exchange (BSE). On 30 October 2021, the China Securities Regulatory Commission published rules for the exchange regarding initial public offerings (IPO), refinancing, and supervision. On 15 November 2021, trading on the BSE commenced. ==Rules==

• Individual investors are required to have securities assets of at least RMB 500,000 and at least two years of experience in securities investing to qualify for trading on the bourse. • After the first trading day, stocks traded on the exchange will not be allowed to rise or fall more than 30% within a single trading day. ==See also==