A stock exchange on the Chinese mainland intended to drive funding for innovative small and midsize enterprises (SMEs) is struggling to gain momentum a year after it opened as part of a broader strategy to expand the country's capital markets.
Limited market cap, liquidity dampens enthusiasm for small-company specialist
The Beijing Stock Exchange was designed as an incubator for small businesses to tap investors directly for capital and reduce their reliance on banks for funding. © Reuters
A stock exchange on the Chinese mainland intended to drive funding for innovative small and midsize enterprises (SMEs) is struggling to gain momentum a year after it opened as part of a broader strategy to expand the country's capital markets.