In the News: Beijing SME Exchange; BNP Paribas Wealth; and Hainan Asset Management

September 07, 2021 | BY

Vincent Chow &Hugo Yeung

Beijing stock exchange hosting innovative SMEs announced; BNP Paribas in talks to launch majority-owned wealth management venture; and Hainan to trial cross-border asset management operations

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New Beijing Stock Exchange Hosting Innovative SMEs Announced

On September 2, President Xi Jinping announced the creation of a new Beijing Stock Exchange that would host innovative SMEs. The China Securities Regulatory Commission (CSRC) publisheddraft rules on September 3