China-Beijing Stock Exchange/Trade Volume

Beijing Stock Exchange reaps turnover of 47.8 bln yuan in opening month

  • English

Shotlist


FILE: Beijing, China - Nov 15, 2021 (CCTV - No access Chinese mainland)
1. Beijing Stock Exchange facade
2. Beijing Stock Exchange plaque

Beijing, China - Dec 15, 2021 (CCTV - No access Chinese mainland)
3. SOUNDBITE (Chinese) Tian Xuan, associate dean at PBC School of Finance, Tsinghua University (ending with shot 4):
"The establishment (of the Beijing Stock Exchange) was to deepen reform in the country's financial system and set up a multi-level capital market. It was established to better serve innovative small and medium sized enterprises (SMEs) and provide them with a financing platform so that they could yield rapid growth."

FILE: Beijing, China - Nov 15, 2021 (CCTV - No access Chinese mainland)
4. Various of screen showing stocks trading at Beijing Stock Exchange

Beijing, China - Recent (CCTV - No access Chinese mainland)
5. Various of employee working, screen showing stocks

Beijing, China - Dec 15, 2021 (CCTV - No access Chinese mainland)
6. SOUNDBITE (Chinese) Chen Li, member, Chief Economists Committee, Securities Association of China (starting with shot 5/partially overlaid with shots 7-8/ending with shot 9):
"The trading (on the Beijing Stock Exchange) has been very active. In the meantime, investors have given great attention to the major companies of the Beijing Stock Exchange, realizing its function of value-discovering. The Beijing Stock Exchange has not only facilitated financing for small enterprises, but also fueled the entire market's attention for innovative enterprises. This has helped the capital market serve the real economy."

++SHOTS OVERLAYING SOUNDBITE++
FILE: Beijing, China - Nov 14, 2021 (CCTV - No access Chinese mainland)
7. Various of drug production line of Beijing Tri-Prime Gene; robotic arms working

FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
8. Various of robotic arms in operation
++SHOTS OVERLAYING SOUNDBITE++

FILE: Beijing, China - Nov 5, 2021 (CCTV - No access Chinese mainland)
9. Various of investor taking test on information related to Beijing Stock Exchange
10. Various of investor opening account via mobile phone app to trade on Beijing Stock Exchange

Storyline


The newly-established Beijing Stock Exchange (BSE) has reported smooth operation in its first month of trading, reaping a turnover of 47.89 billion yuan (about 7.52 billion U.S. dollars) since its opening on November 15.

As of Tuesday, 82 companies were listed on the bourse, of which 11 were newly approved and 71 were transferred from the selected tier of China's National Equities Exchange and Quotations (NEEQ), also known as the "new third board," BSE data shows.

Of the first-month turnover, the average stock growth recorded 0.91 percent, while the 11 new ones all saw skyrocketing performance, averaging a significant increase of 110.84 percent.

Tian Xuan, associate dean at PBC School of Finance of Tsinghua University, said the BSE has highlighted China's fresh move to support innovation-driven small and medium-sized enterprises (SMEs) as it comes with lower listing thresholds, diverse evaluation standards and a shorter approval time.

"The establishment (of the Beijing Stock Exchange) was to deepen reform in the country's financial system and set up a multi-level capital market. It was established to better serve innovative small and medium sized enterprises (SMEs) and provide them with a financing platform so that they could yield rapid growth," said Tian.

Meanwhile, the BSE also saw an uptick in stability, with daily average amplitude down from the 25.52 percent in mid-November to the current 5.28 percent.

Chen Li, member of the Chief Economists Committee affiliated to the Securities Association of China, said fluctuations have now fallen in reasonable ranges, and prices have been quite stable as the BSE improves its pricing functions.

"The trading (on the Beijing Stock Exchange) has been very active. In the meantime, investors have given great attention to the major companies of the Beijing Stock Exchange, realizing its function of value-discovering. The Beijing Stock Exchange has not only facilitated financing for small enterprises, but also fueled the entire market's attention for innovative enterprises. This has helped the capital market serve the real economy," said Chen.

DOWNLOAD
  • ID : 8247767
  • Dateline : Dec 15, 2021/Recent/File
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 1'30
  • Audio Language : Chinese/Nats/Part Mute
  • Source : China Media Group(CMG)-CCTV
  • Restrictions : No access Chinese mainland
  • Published : 2021-12-16 13:12
  • Last Modified : 2021-12-16 13:17:06
  • Version : 2

China-Beijing Stock Exchange/Trade Volume

Beijing Stock Exchange reaps turnover of 47.8 bln yuan in opening month

Dateline : Dec 15, 2021/Recent/File

Location : Beijing,China

Duration : 1'30

  • English


FILE: Beijing, China - Nov 15, 2021 (CCTV - No access Chinese mainland)
1. Beijing Stock Exchange facade
2. Beijing Stock Exchange plaque

Beijing, China - Dec 15, 2021 (CCTV - No access Chinese mainland)
3. SOUNDBITE (Chinese) Tian Xuan, associate dean at PBC School of Finance, Tsinghua University (ending with shot 4):
"The establishment (of the Beijing Stock Exchange) was to deepen reform in the country's financial system and set up a multi-level capital market. It was established to better serve innovative small and medium sized enterprises (SMEs) and provide them with a financing platform so that they could yield rapid growth."

FILE: Beijing, China - Nov 15, 2021 (CCTV - No access Chinese mainland)
4. Various of screen showing stocks trading at Beijing Stock Exchange

Beijing, China - Recent (CCTV - No access Chinese mainland)
5. Various of employee working, screen showing stocks

Beijing, China - Dec 15, 2021 (CCTV - No access Chinese mainland)
6. SOUNDBITE (Chinese) Chen Li, member, Chief Economists Committee, Securities Association of China (starting with shot 5/partially overlaid with shots 7-8/ending with shot 9):
"The trading (on the Beijing Stock Exchange) has been very active. In the meantime, investors have given great attention to the major companies of the Beijing Stock Exchange, realizing its function of value-discovering. The Beijing Stock Exchange has not only facilitated financing for small enterprises, but also fueled the entire market's attention for innovative enterprises. This has helped the capital market serve the real economy."

++SHOTS OVERLAYING SOUNDBITE++
FILE: Beijing, China - Nov 14, 2021 (CCTV - No access Chinese mainland)
7. Various of drug production line of Beijing Tri-Prime Gene; robotic arms working

FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
8. Various of robotic arms in operation
++SHOTS OVERLAYING SOUNDBITE++

FILE: Beijing, China - Nov 5, 2021 (CCTV - No access Chinese mainland)
9. Various of investor taking test on information related to Beijing Stock Exchange
10. Various of investor opening account via mobile phone app to trade on Beijing Stock Exchange


The newly-established Beijing Stock Exchange (BSE) has reported smooth operation in its first month of trading, reaping a turnover of 47.89 billion yuan (about 7.52 billion U.S. dollars) since its opening on November 15.

As of Tuesday, 82 companies were listed on the bourse, of which 11 were newly approved and 71 were transferred from the selected tier of China's National Equities Exchange and Quotations (NEEQ), also known as the "new third board," BSE data shows.

Of the first-month turnover, the average stock growth recorded 0.91 percent, while the 11 new ones all saw skyrocketing performance, averaging a significant increase of 110.84 percent.

Tian Xuan, associate dean at PBC School of Finance of Tsinghua University, said the BSE has highlighted China's fresh move to support innovation-driven small and medium-sized enterprises (SMEs) as it comes with lower listing thresholds, diverse evaluation standards and a shorter approval time.

"The establishment (of the Beijing Stock Exchange) was to deepen reform in the country's financial system and set up a multi-level capital market. It was established to better serve innovative small and medium sized enterprises (SMEs) and provide them with a financing platform so that they could yield rapid growth," said Tian.

Meanwhile, the BSE also saw an uptick in stability, with daily average amplitude down from the 25.52 percent in mid-November to the current 5.28 percent.

Chen Li, member of the Chief Economists Committee affiliated to the Securities Association of China, said fluctuations have now fallen in reasonable ranges, and prices have been quite stable as the BSE improves its pricing functions.

"The trading (on the Beijing Stock Exchange) has been very active. In the meantime, investors have given great attention to the major companies of the Beijing Stock Exchange, realizing its function of value-discovering. The Beijing Stock Exchange has not only facilitated financing for small enterprises, but also fueled the entire market's attention for innovative enterprises. This has helped the capital market serve the real economy," said Chen.

ID : 8247767

Published : 2021-12-16 13:12

Last Modified : 2021-12-16 13:17:06

Source : China Media Group(CMG)-CCTV

Restrictions : No access Chinese mainland

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