The Beijing Stock Exchange starts trading

The Beijing Stock Exchange, China's newly-launched bourse especially serving small- and medium-sized enterprises (SMEs), started trading on Nov 15.

Initially built on the existing National Equities Exchange and Quotations, or the "new third board", BSE is a key step forward in China's efforts to achieve a wholesome multilevel capital market.

As of Dec 3, 82 companies had listed on the new bourse, with total market value of 263.2 billion yuan ($41.1 million).