On November 15, 2021, the Beijing ** Stock Exchange officially opened, with a total of 81 companies becoming the first batch of listed companies, and a total of more than 4 million investors can participate in trading after listing. However, compared with China's nearly 200 million shareholders, only 4 million investors participate in the Beijing Stock Exchange, which is still too small in number. So what is the main reason why most shareholders do not buy the Beijing Stock Exchange?There are roughly the following aspects:
1. High investment threshold: The opening threshold of the Beijing Stock Exchange is 500,000 yuan, and it must be an average daily asset of more than 500,000 yuan in the past 20 trading days, and it also needs to meet more than two years of trading experience. For ordinary people, this threshold is relatively high, keeping most ordinary investors out. In contrast, the threshold for opening an account in an ordinary A** field is low, and as long as citizens who are at least 18 years old and have civil capacity can participate. Therefore, most shareholders cannot participate in the ** trading of the Beijing Stock Exchange because they do not meet the account opening conditions of the Beijing Stock Exchange.
2. Insufficient liquidity: The companies listed on the Beijing Stock Exchange are mainly innovative and growing small and medium-sized enterprises, and compared with the main board market, the companies listed on the Beijing Stock Exchange are generally smaller in scale and have poor liquidity. This may lead to a lack of trading volume, which will affect the number of deals and transactions. For most investors, they prefer to trade in a more liquid market because it can better protect their investment rights.
3. Transaction risk: The price limit of the Beijing Stock Exchange** is 30%, which is more volatile and riskier than the 10% price limit of A-share ordinary shares. Moreover, the quality of companies listed on the Beijing Stock Exchange is uneven, and shareholders need to have stronger risk identification and risk tolerance. For most investors, they may prefer to choose listed companies with less risk and better quality to invest in and earn stable happiness.
4. Lack of publicity and awareness: Compared with the mature A** field, the Beijing Stock Exchange is a new thing after all, and it takes time to be accepted by the public. In addition, the publicity and awareness of the Beijing Stock Exchange are relatively low, and most shareholders may not know enough about the Beijing Stock Exchange, or even know that it exists. In this case, they naturally will not choose to buy the ** of the Beijing Stock Exchange.
With the continuous increase of policy support for the Beijing Stock Exchange, the attention to funds is also increasing. Recently, the Beijing Stock Exchange has been trading hotly, and the Beijing Stock Exchange 50 Index has risen from 702 points to 1007 points in just one month, an increase of 43%, which has played a relatively good advertisement for the Beijing Stock Exchange. With the money-making effect, investors' enthusiasm for participation has come up, and liquidity has also improved to a certain extent.
For qualified investors, the Beijing Stock Exchange is a market with great investment opportunities and potential. They can look for ** with growth potential and investment value by in-depth understanding of the fundamentals and market conditions of companies listed on the Beijing Stock Exchange. At the same time, the Beijing Stock Exchange also needs to strengthen market publicity and investor education to improve market awareness and attractiveness, and attract more investors to participate in it.