Core Insights - The Beijing Stock Exchange (BSE) has surpassed a market capitalization of 900 billion yuan, with national-level specialized and innovative "little giant" enterprises accounting for over half of the listings [1] - As of November 14, the BSE has 282 listed companies, with over 80% being small and medium-sized enterprises (SMEs) and nearly 90% being privately owned [1] - The average operating income of 279 companies that disclosed their Q3 reports is 520 million yuan, reflecting a year-on-year growth of 6%, while the average net profit stands at 32.99 million yuan [1] - Approximately 230 companies are profitable, indicating a profitability rate of 80% [1] Market Structure and Support - The BSE has established a regulatory framework tailored to the characteristics of SMEs, with an inclusive market access mechanism that supports growth-stage and unprofitable companies in their listing endeavors [1] - Continuous regulation aligns with practical realities, balancing the compliance costs for SMEs [1] Bond Market Developments - The BSE has issued over 13 trillion yuan in government bonds, contributing to the implementation of national strategies [1] - It has also facilitated the issuance of over 990 billion yuan in local government bonds, supporting regional economic development [1] - The exchange has introduced various specialized bond types, including sci-tech bonds, green bonds, and bonds supporting small and micro enterprises, enhancing the bond market's role in supporting technological innovation [1]
北交所市值超九千亿 国家级专精特新“小巨人”企业占比过半
Yang Shi Xin Wen·2025-11-14 23:44