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China’s Beijing stock exchange started trading Monday, with mixed performance from the first batch of 81 shares. Ten stocks that recently made an initial public offering on the exchange rose, with the top gainer rising more than 500% in early trading.
The other 71 shares transferred from the Select Tier of the New Third Board were more muted. The Beijing Stock Exchange started trading just two months after Chinese President Xi Jinping announced plans for the new exchange, which is aimed at small and medium-sized enterprises (SMEs).
(This story has not been edited by Devdiscourse staff and is automatically generated from a syndicated feed.)
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