券商中国·2025-05-06 10:07Core Viewpoint - The Beijing Stock Exchange (BSE) has officially launched the code switching for existing stocks, changing the first three digits of the stock codes to 920, with the last three digits remaining unchanged. This transition is part of a broader initiative to enhance market identification and streamline operations [1][3]. Group 1: Code Switching Details - A total of 6 stocks have been switched to the new 920 code, including YingTai Biology (833819), AiRong Software (830799), LongZhu Technology (831445), JiaXian Co. (430489), TongXiang Technology (839167), and QiuGuan Cable (834682) [1][3]. - The code switching will occur in two phases: the first phase involves the 6 stocks mentioned, while the remaining 242 stocks will undergo switching after the initial phase is completed [7][3]. - The code switching is set to take place from May 1 to May 5, 2025, with the new codes becoming effective on May 6, 2025 [3]. Group 2: Impact on Investors - After the code switch, investors must use the new 920 codes for trading, as the old codes will become invalid and will not provide market information [8][3]. - Both the new and old codes will allow investors to check market data, but the new codes will display complete information during the BSE listing period [9][3]. - The transition will not affect financing and margin trading contracts, which will continue to be valid under the new codes [11][3]. Group 3: Technical and Operational Considerations - Investors are advised to update their trading applications to the latest version to ensure smooth trading operations and access to market data [12][3]. - The introduction of the 920 code is part of a strategic move initiated by the China Securities Regulatory Commission to improve market clarity and operational efficiency [13][3].