China’s newest stock exchange fails to recapture early momentum

Only a minority of stocks listed on the Beijing Stock Exchange (BSE) saw immediate benefit from the exchange’s recent rule changes to boost trading, as the efforts did not apply to most other stocks traded there.

The limited effect of February’s measures to open the door to margin financing, securities lending and market making on the BSE is a sign that the changes have not helped the stock market gain much traction with investors, and may be a divergence between the most and least-traded stocks on the stock exchange.