In order to help Xiong'an New Area undertake Beijing's non-capital functions, improve the service of the headquarters of central enterprises.
Second, the first subsidiary or innovative business sector function, while promoting the high-quality development of Xiong'an New Area, Hebei Equity Exchange recently moved to Xiong'an New Area and changed its name to Xiong'an Equity Exchange.
Seeing this, I believe that many shareholders are more excited, but there are also many questions.
First of all, what does the Xiong'an Equity Exchange do?
In fact, the Xiong'an Equity Exchange is not newly established, but has moved its address from Shijiazhuang to Xiong'an.
Xiong'an Equity Exchange, formerly known as Hebei Equity Exchange, was established in October 2013, and its service scope is mainly based on enterprises in Hebei Province, and its business covers a comprehensive financial service ecosystem in terms of listing cultivation, bond issuance, equity registration and custody, training roadshows, etc.
Since its establishment 10 years ago, the Hebei Equity Exchange has served more than 20,000 enterprises in Hebei Province such as "specialized, special and new", science and technology, and a total of 2,513 companies have been listed in various sectors, of which 3 companies have been listed on the Shanghai Stock Exchange, Shenzhen Stock Exchange and Beijing Stock Exchange, 20 companies have entered the counseling period and review period, and a total of 7 companies have been transferred to the board.
It can be seen that the Xiong'an Equity Exchange is actually a local equity trading platform, which is fundamentally different from the first exchange, and its service scope is limited to Hebei Province, not the whole country.
However, after the Hebei Equity Exchange moved its address to Xiong'an New Area, it is difficult to say whether it will be upgraded to a ** exchange in the future.
After all, the status of Xiong'an New Area itself is relatively high, and many institutions are highly allocated, after the Hebei Equity Exchange moved to Xiong'an New Area, I estimate that the scope of its services may be expanded from Hebei to the whole country, so as to further enhance the influence of Xiong'an Equity Exchange.
If the Xiong'an Equity Exchange has made outstanding contributions to promoting the listing of enterprises, especially in promoting the listing of some "special and sophisticated" enterprises, we do not rule out that it may be upgraded to a first-class exchange in the future.
After all, from a global perspective, it is not uncommon for a country to have more than one ** exchange, as of now, there are 4 exchanges in the real sense of our country, namely the Shanghai Stock Exchange, the Shenzhen Stock Exchange, the Beijing Stock Exchange, and the national small and medium-sized enterprise share transfer system.
Secondly, can the establishment of the Xiong'an Equity Exchange drive the best stock bull market?
For A-shares, 3,000 points has been maintained for too long, and now the majority of shareholders hope to have a storm and a big bull market to sweep away the previous unpleasant mood.
Therefore, after seeing the arrival of the Xiong'an Equity Exchange, many shareholders seem to be full of expectations, hoping that under the drive of the Xiong'an Equity Exchange, it can bring a wave of bull market.
After all, historically, both the Shenzhen Stock Exchange and the Shanghai Stock Exchange had a wave of bull market when they were first established.
Can the Xiong'an Equity Exchange undertake this mission and drive the arrival of the bull market?
What I want to say here is that everyone thinks too much!
First of all, the Xiong'an Equity Exchange is not the same as the Shanghai Stock Exchange, the Shenzhen Stock Exchange, which is a serious trading system, at least from the current point of view, it is only a local equity trading platform, whether it is the scope of services and the number of enterprises, the quality of enterprises and the Shanghai Stock Exchange, the Shenzhen Stock Exchange, even the Beijing Stock Exchange can not be compared.
Moreover, the Xiong'an Equity Exchange is actually an exchange at the level of Hebei Province, not a nationwide exchange, and its influence is limited, and it will not have much impact on the entire A-shares.
Even if the state gives the Xiong'an Equity Exchange a greater mission in the future, gives them greater power, and even directly rises the Xiong'an Equity Exchange to the Xiong'an ** Exchange, it will not bring immediate results.
After all, judging from the actual layout of China's four major exchanges, basically everyone has a clear division of labor, for example, the Shanghai Stock Exchange on the main board is mainly dominated by some large enterprises, the Science and Technology Innovation Board is mainly dominated by technology-based enterprises, the Growth Enterprise Market is mainly dominated by some small and medium-sized entrepreneurial enterprises, and the Beijing Stock Exchange is mainly dominated by some small enterprises.
Even if the Xiong'an Equity Exchange is upgraded to a first-class exchange in the future, how it will position itself and how to compete with the existing four major exchanges is also a big problem.
So on the whole, in the short term, the Xiong'an equity exchange will not have much impact on the overall **, we don't have the luxury of borrowing the concept of Xiong'an to set up a ** power exchange, which can bring a big bull market immediately, this idea is not very realistic.