Abstract
In September 2021, China launched the Beijing Stock Exchange (BSE) in order to divert capital to the country’s booming technology companies, especially those classified as small and medium-size enterprises (SMEs). The article introduces the historical background for establishing the BSE, and then analyses the key changes of China’s securities laws, including the BSE’s listing thresholds, the registration-based IPO regime, the information disclosure requirements, as well as the investors’ suitability and accountability mechanisms. It also draws some comparison with the listing and trading rules for Shenzhen’s ChiNext Board, Shanghai’s Star Market, and NEEQ select tier to provide readers with a holistic view over the latest development of China’s capital markets law.
| Original language | English |
|---|---|
| Pages (from-to) | 233-237 |
| Journal | COMPANY LAWYER |
| Volume | 43 |
| Issue number | 7 |
| Publication status | Published - 2022 |
Keywords
- China
- Information technology
- Initial Public Offering
- Listing rules
- Investor protection
- Small and medium-sized enterprises
- Beijing Stock Exchange
- Securities regulation
- Financial markets
