China's new stock exchange sets investment threshold

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SHANGHAI : Individual investors qualified to trade on the Beijing Stock Exchange must have at least 500,000 yuan (US$77,459) worth of assets in their stock accounts, China's planned bourse said on Friday, setting a threshold on par with Shanghai's tech-focused STAR Market.Meanwhile, Beijing's New Third Bo

SHANGHAI : Individual investors qualified to trade on the Beijing Stock Exchange must have at least 500,000 yuan worth of assets in their stock accounts, China's planned bourse said on Friday, setting a threshold on par with Shanghai's tech-focused STAR Market.

China's President Xi Jinping announced plans for a new stock exchange in the capital city of Beijing to support funding for small- and medium-sized enterprises. China's securities regulator said the planned exchange will complement two other Chinese bourses in Shanghai and Shenzhen.

 

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