It is an effective supplement to the main board market.[14] The biggest feature of the ChiNext is that it has low entry barriers and strict operation requirements, which help potential small and medium-sized enterprises obtain financing opportunities. The ChiNext was launched with 28 listed companies and quickly gained attention from investors as fp markets review a platform for investing in high-growth industries such as technology, healthcare, and renewable energy. Over time, the number of listed companies on the ChiNext has grown, and as of 2021, there are over 800 companies listed on the exchange. The Shenzhen Stock Exchange building is a skyscraper with a height of 245.8 metres (806 ft) and 49 floors.
- It is an effective supplement to the main board market.[14] The biggest feature of the ChiNext is that it has low entry barriers and strict operation requirements, which help potential small and medium-sized enterprises obtain financing opportunities.
- Over time, the number of listed companies on the ChiNext has grown, and as of 2021, there are over 800 companies listed on the exchange.
- Prior to its creation, many SMEs had difficulty raising capital as they did not meet the strict listing requirements of China’s established stock exchanges in Shanghai and Shenzhen.
- The ChiNext was launched with 28 listed companies and quickly gained attention from investors as a platform for investing in high-growth industries such as technology, healthcare, and renewable energy.
The establishment of the ChiNext was a response to the growing demand for alternative financing options for small and medium-sized enterprises (SMEs) in China. Prior to its creation, many SMEs had difficulty raising capital as they did umarkets broker review not meet the strict listing requirements of China’s established stock exchanges in Shanghai and Shenzhen. It provides growth space for small and medium-sized enterprises and emerging companies that cannot be listed in the main board.