1. Individual investors: the average daily assets of the securities account and the fund account in the 20 trading days before the application authority is opened are not less than RMB 500,000, and the assets at the end of at least 5 trading days are not less than RMB 500,000 (excluding the funds and securities that investors integrate through margin financing and securities lending); Participate in securities trading for more than 24 months;
2. Institutional investors: no requirements for assets and trading experience; Customers who do not meet the entry requirements of qualified investors and belong to restricted investors may apply for opening the rights of restricted investors.
Reflections on the construction of Beijing stock exchange;
1. Adhere to "one orientation". Beijing Stock Exchange insists on the market positioning of innovative small and medium-sized enterprises, respects the development law and growth stage of innovative small and medium-sized enterprises, and enhances the inclusiveness and accuracy of the system.
2. Handle the "two relationships". First, Beijing Stock Exchange, Shanghai and Shenzhen Stock Exchanges and regional equity markets insist on dislocation development and interconnection, and play a role in improving the listing of the board. Second, the existing innovation layer and basic layer of the North Exchange and the New Third Board adhere to overall coordination and system linkage to maintain the balance of market structure.
3. Achieve the "three goals". First, we should build a set of basic institutional arrangements that fit the characteristics of innovative SMEs, including issuance, listing, trading, delisting, continuous supervision, investor suitability management, etc., to make up for the shortcomings of multi-level capital markets in developing inclusive finance. Second, unblock the link function of Beijing Stock Exchange in multi-level capital market, and form a path of direct financing growth for SMEs that complements and promotes each other. The third is to cultivate a group of specialized and innovative small and medium-sized enterprises, and form a benign market ecology with high enthusiasm for innovation and entrepreneurship, active participation of qualified investors, and due diligence of intermediaries.
4. The CSRC will guide the national share transfer companies, strengthen coordination with relevant parties, do a solid and meticulous job in the formulation, release and technical preparations for the establishment of the Beijing Stock Exchange, promote the improvement of supporting policies, and ensure the smooth start and implementation of this reform.