File photo shows the Financial Street in Xicheng District, Beijing, the registered address of Beijing Stock Exchange.
BEIJING, Oct. 13 (Xinhua) -- Beijing Stock Exchange (BSE) finished on October 10 its second round of full-system testing, with all testing tasks completing smoothly and technical systems of various participating institutions running stably, reported China Securities Journal recently.
Before its formal opening, BSE will carry out another round of comprehensive testing in conjunction with participation of various participating agencies.
Currently, BSE has entered the final preparatory stage for its formal operation and regulations and supportive rules related to implementation of its six types of basic businesses are expected to be gradually released in near term, said market watchers.
The report citing securities brokers participating the testing said that investors remained rather active in applying for transaction account opening on BSE recently.
By October 8, Founder Securities have received appointments for applying for opening transaction accounts on BSE from nearly 22,000 qualified investors and by October 10, 60 percent of the qualified investors from a business unit of another large securities broker in China have submitted appointments for trading account opening with BSE.
Market watchers estimate that the individual investors that meet the suitability requirements of BSE may approach eight million.
However, investors are reminded to well evaluate their risk tolerance capability so as to make suitable investment choice in light of the relatively weak capability to fend off risks of innovative small- and medium-sized enterprises (SME) to be listed on BSE, according to analysts with CITIC Securities. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)
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