[2023] Beijing Stock Exchange's financing business launched and raised 3.72 million yuan

"Market performance is generally in line with expectations," said Wu Jinyou, General Manager of Huaxi Securities Operations (Retail) Management Division, in an interview with "Securities Daily" reporter, helping to attract funding. In addition, the development of finance and financial services will help restore the value of companies listed on the Beijing Stock Exchange. Improve the financial capabilities of listed companies.

A total of 56 shares are the first tranche of securities finance and lending, accounting for 30% of the total number of companies listed on the Beijing Stock Exchange, including 49 shares out of 50 constituent shares on the Beijing Stock Exchange. Seven of them were included in the liquidity screening criteria.

“Judged from the above 56 combination bids, it deals with major industries such as electric power, chemical industry, machinery, electronics, and pharmaceuticals. The total amount is different. For example, the top 10 Beijing 50 stocks account for more than 60% of the total market capitalization of the Beijing 50 Index, and average turnover and other metrics are concentrated in stocks with high market caps, which presents greater challenges in managing collateral. Goal management, focus management, risk management in both financial businesses," said Wu Jinyou.

Zhou Yunnan, founder of Beijing Nanshan Investment, told "Securities Daily" reporter that among the "49+7" stocks, 7 stocks that meet the liquidity screening criteria are more useful.

A CITIC securities-related affairs officer told reporters of "Securities Daily" that a total of 49 shares out of 50 shares on the Beijing Stock Exchange were included in two financial tenders, accounting for 88% of the total shares. It accounted for 88% of the shares listed on the Beijing Stock Exchange and 90% of the market capitalization of shares in the dual financial tender.

According to target stock performance forecasts and earnings reports released last year, many companies will see relatively large earnings growth in 2022. In 2022, it will reach 25.678 billion yuan, an increase of 144.76% over the previous year. Net profit is expected to increase by more than 60% over the previous year to 2.318 billion yuan, and there are companies such as Jilin Carbon Valley, Silan Technology, and Fujitech. Many others expect their income to increase year over year. More than 1 million won in net profit.

A relevant business person from CITIC Securities told Securities Daily reporters, based on the mature experience of Shanghai and Shenzhen stock exchanges, that: The introduction of these two financial services will have a positive impact on the trading activity and liquidity of the North Exchange and will improve the efficiency of the North Exchange. This is critical for the CBEX market to achieve its goals and establish itself as a first-class exchange. Serving innovative SMEs provide. small business.

The "Securities Daily" reporter learned from the Beijing Stock Exchange that there are currently 66 securities companies that have opened two financial trading units on the Beijing Stock Exchange. And several securities companies are applying to open two financial companies on the North Stock Exchange.

Wu Jinyou said the Beijing Stock Exchange's launch of two financial services will boost market liquidity and trading volume on the North Exchange with the participation of margin lending and high-risk lending customers. The market's interest in 'specialized, special, and new' companies listed on the Beijing Stock Exchange is expected to increase further. help the organization develop rapidly