On Oct. 20, Beijing Stock Exchange (BSE) deputy general manager Zhou Zhen said
the exchange will improve the investment-and-financing framework to support firm
sustainability and will further optimize listing admission and review
mechanisms. Reviews will be calibrated to company development stage, industry
characteristics and innovation profile to increase precision and effectiveness.
The BSE said it intends to channel more resources to emerging and future
industries and support transformation of traditional sectors, and will continue
to refine the institutional toolkit for refinancing, M&A/restructuring and
equity incentives and push more cases toward implementation.