Press Enter to search · ESC to close

Regulation US Stocks

China Securities Regulator Approves Great Wall, Dongguan Securities for Beijing Stock Exchange Market Making

China’s securities regulator approved Great Wall Securities and Dongguan Securities to conduct market-making in stocks listed on the Beijing Stock Exchange, both receiving approval on the same day. With these two additions, seven brokerages have obtained BSE market-making qualifications this year, bringing the industry total to 30 firms.

Original source

AI take

The steady expansion of BSE market-making to 30 firms signals a deliberate regulatory push to deepen liquidity on China's smallest exchange, where thin order books have long been a structural weakness. The pace — seven approvals this year alone — suggests Beijing is prioritizing the BSE's role as a funding channel for smaller, innovation-focused companies, and the brokers gaining licenses are positioning for a market that policy is actively trying to grow. Whether the added quoting capacity translates into meaningfully tighter spreads and sustained volume, rather than just more registered participants, is the open question worth watching.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback