Beijing Stock Exchange: three quarters of companies debut with gains as China’s newest bourse kicks off trading

//Beijing Stock Exchange: three quarters of companies debut with gains as China’s newest bourse kicks off trading

Beijing Stock Exchange: three quarters of companies debut with gains as China’s newest bourse kicks off trading

The Beijing Stock Exchange kicked off trading on Monday with nearly three quarters of the 81 companies rising on their debut, as China’s newest bourse underpins President Xi Jinping’s pledge to support the nation’s “little giants.”Among the debuting firms, 60 rose, 18 fell and three were halted, with the magnitude of gains ranging from 0.2 per cent to almost 400 per cent. Seventy-one of them were transferred from the top-tier of an over-the-counter market in Beijing, known as the National…

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By | 2021-11-15T01:48:52+00:00 November 15th, 2021|Business|Comments Off on Beijing Stock Exchange: three quarters of companies debut with gains as China’s newest bourse kicks off trading