By Mei Mei Chu
BEIJING (Reuters) – The Beijing Inventory Alternate will assist small and medium-sized tech firms with coaching and entry to finance to allow them to record on the bourse, it mentioned on Sunday, as a part of authorities plans to foster innovation.
The inventory alternate mentioned its motion plan would assist SMEs, which aren’t worthwhile however have potential, to acquire financing from banks and market establishments, and it’ll additionally present coaching and assist.
The bourse may even encourage listed firms in addition to the newer SMEs to hold out merger and acquisitions and improve listings by way of devices together with peculiar shares, most well-liked shares and convertible bonds.
It is going to encourage coverage establishments and market establishments to offer credit score enhancement assist, it mentioned.
