Core Viewpoint - The Beijing Stock Exchange (BSE) will switch to a new securities code system for existing stocks starting October 9, marking a transition to an independent code era aimed at enhancing its market positioning for innovative small and medium enterprises [1][4]. Group 1: Code Transition Details - The new securities code will be unified under the 920 code segment, which will help eliminate confusion caused by the previous codes used from the New Third Board [4][6]. - A total of 248 stocks will complete the transition to the new code, which can be checked on the BSE's official website [4]. - The transition process has been in preparation for over two years, with the China Securities Regulatory Commission (CSRC) previously advocating for the establishment of an independent code segment to improve stock identification [4][5]. Group 2: Implementation and Future Plans - The BSE plans to launch the 920 code functionality for new listings on April 22, 2024, while ensuring a smooth transition for existing companies [5][6]. - The first stock to adopt the new 920 code will be Wanda Bearing, listed on May 30, 2024, under the code "920002" [6]. - The transition for existing stocks will occur in batches, starting with a pilot program involving six selected stocks to ensure operational continuity and market stability [6][7]. Group 3: Market Impact - The unified code system is expected to facilitate easier information searches for investors, potentially attracting more investment and differentiating the BSE from other markets [7].
10月9日起,北交所全面进入“920代码”时代
Bei Jing Shang Bao·2025-10-08 11:07