SHANGHAI : China's new Beijing Stock Exchange has approved applications from 10 companies to list shares on Nov. 15, company filings showed late on Wednesday, two months after Chinese President Xi Jinping announced the bourse for small and medium-sized firms.
The companies include Beijing Henghe Information Technology Co, Keda Automation Control and Anhui Jingsai Technology Co. A set of rules for the Beijing Stock Exchange was published last month. Individual investors qualified to trade must have at least 500,000 yuan of assets in their stock accounts. "It's imperative to launch the bourse, which is tasked with deepening China's capital market reforms," he added.
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