China Is Planning a New Beijing Stock Exchange. What Investo...

China Is Planning a New Beijing Stock Exchange. What Investors Need to Know. New details have emerged on China’s proposed Beijing Stock Exchange, which plans to host listings for innovative small and midsized companies. President Xi Jinping first announced plans for the exchange on Thursday, but details only later were provided by China’s securities regulator. The new bourse would be the third on the Chinese mainland, after the Shanghai and Shenzhen exchanges. Just south of the mainland border is the Hong Kong exchange, which more and more has begun taking its cues from Beijing. Authorities did not say when the Beijing exchange would begin trading, but analysts at Goldman Sachs Group said in a note Sunday that the timetable should be shorter than the seven-month preparation period it took for the Shanghai Stock Exchange’s STAR Market in 2019. It is also unclear if individuals will be allowed to invest in the new exchange, though experts quoted in Chinese media said it was likely. $CSI 300 Index(000300.SH)$ $CHINA EDU GROUP(00839.HK)$ $Nasdaq Composite Index(.IXIC.US)$ $S&P 500 Index(.SPX.US)$ $Dow Jones Industrial Average(.DJI.US)$