北交所：加快推出北证50ETF

Core Viewpoint - The Beijing Stock Exchange (BSE) aims to enhance its support for innovative small and medium-sized enterprises (SMEs) during the 14th Five-Year Plan period, focusing on optimizing listing standards, improving trading mechanisms, and fostering a favorable investment environment [1][2][3]. Group 1: Market Development and Support for SMEs - The BSE currently has 280 listed companies, with over 80% being SMEs and nearly 90% being private enterprises, including more than half of the national-level specialized and innovative "little giant" companies [1]. - The BSE is committed to creating a supportive environment for growth-stage and unprofitable companies to list, while balancing regulatory costs for SMEs [1][3]. - The introduction of a market-making trading mechanism and the recent launch of the BSE Specialized and Innovative Index are part of the efforts to enhance market accessibility [1]. Group 2: Financial and Investment Strategies - Over 90% of listed companies on the BSE have implemented dividend policies, with nearly 9.5 million qualified investors participating in the market, indicating a strong engagement from public funds, venture capital, and qualified foreign institutional investors (QFII) [2]. - The BSE plans to optimize its listing standards and improve the adaptability and precision of its listing review system, while also enhancing merger and acquisition regulations to attract financial resources to key technology sectors [3]. - The BSE aims to support listed companies in utilizing refinancing, mergers, and stock incentives to strengthen their positions, while also promoting long-term capital investment strategies [3]. Group 3: Collaboration and Internationalization - The BSE will enhance communication mechanisms with various governmental departments to foster the development of specialized and innovative enterprises [4]. - The exchange seeks to strengthen collaboration with financial institutions to support SME financing and actively engage in international market integration [4]. - Efforts will be made to explore and improve cooperation in areas such as enterprises, investors, and products to gradually increase the internationalization of the market [4].