北交所市场生态日趋完善 专精特新企业价值获认可
Shang Hai Zheng Quan Bao·2025-11-06 18:46

Group 1 - The core viewpoint of the article highlights the increasing attention and participation of institutional investors in the Beijing Stock Exchange (BSE) market, driven by an improved market ecosystem and the aggregation of high-quality enterprises [1][4] - The number of qualified investors in the BSE has reached approximately 9.5 million, with public fund holdings steadily increasing, and long-term funds such as social security and insurance funds actively positioning themselves [1][4] - Experts believe that the BSE is at a new development starting point, with ongoing reforms and the continuous gathering of quality enterprises, aiming to transition from "value discovery" to "value creation" [1][5] Group 2 - The BSE has demonstrated a distinct market characteristic and cluster effect, with 281 listed companies, over 90% being private enterprises, and more than half being national-level "little giant" enterprises [2] - The investment value of the BSE is supported by the continuous improvement in the quality of companies under review, with median net profits exceeding 70 million yuan and average profits over 90 million yuan [3] - Institutional investors are increasingly sharing their practical experiences in the BSE market, focusing on quality enterprises in the technology wave, supply chain companies supporting leading enterprises, and innovative companies with core technologies [4] Group 3 - The BSE is expected to achieve a leap from "value discovery" to "value creation" as market infrastructure continues to improve and product innovation injects new vitality into the market [5] - Several institutions are actively preparing products related to the BSE specialized and innovative index, with estimates suggesting the first batch could reach around 10 products [5] - The overall allocation ratio of public funds to the BSE is currently about 0.4% of their total stock market value, indicating significant room for growth as quality supply increases and investment tools diversify [5]