北交所全面启用“920”开头的新代码

Group 1 - The Beijing Stock Exchange (BSE) has fully implemented new securities codes starting from October 9, enhancing stock identification with all 277 stocks now using codes beginning with "920" [1][3][5] - Prior to this change, some existing stocks retained old codes from the New Third Board, which led to confusion among investors due to lower identification clarity compared to codes used in Shanghai and Shenzhen exchanges [3][4] - The transition to the new code system took over two years and was executed in phases, first switching new listings to the "920" codes from April 2024, followed by existing stocks [4][5] Group 2 - The unified code system is expected to strengthen the BSE's focus on specialized and innovative small and medium-sized enterprises, creating a differentiated competitive landscape compared to the Shanghai and Shenzhen exchanges [4] - The China Securities Regulatory Commission (CSRC) issued guidelines on September 1, 2023, emphasizing the need for independent code segments to improve stock identification [4]