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Are BOC New Power and BOC New Economy following the Growth Enterprise Market?
BOC New Power Fund invests in financial instruments with good liquidity, including equity assets such as legally issued and listed stocks in China (including small and medium-sized board, Growth Enterprise Market and other stocks approved by China Securities Regulatory Commission), warrants and stock index futures. Fixed-income assets such as bonds (including but not limited to government bonds, financial bonds, central bank bills, local government bonds, corporate bonds, corporate bonds, convertible corporate bonds, private placement bond for SMEs, short-term corporate bonds, medium-term notes, short-term financing bills, ultra-short-term financing bills, asset-backed securities, subordinated bonds, bond repurchases, bank deposits and money market instruments).

Bank of China New Economy has not issued such an announcement.

Growth enterprise market, also known as the second board market, is a kind of securities market different from the main board market. It is a securities market that provides financing channels and growth space for entrepreneurial enterprises, small and medium-sized enterprises, high-tech industrial enterprises and other enterprises that need financing and development. It is an important supplement to the main board market and plays an important role in the capital market. The market code of China Growth Enterprise Market starts with 300.

Compared with the main board market, the listing requirements of GEM are often more relaxed, mainly reflected in the requirements on the establishment time, capital scale, medium and long-term performance and so on. Because most listed companies in the emerging second-board market tend to be entrepreneurial enterprises, it is also called GEM. Growth enterprise market is characterized by low entry threshold and strict operation, which helps potential small and medium-sized enterprises to obtain financing opportunities.