Analysis On Listing Effect Of Enterprises In Beijing Stock Exchang

In recent years,with the rapid growth of China,the development of SMEs has entered the high-speed era.The NEEQ was originally established to serve developing innovative SMEs,but its financing efficiency was low due to insufficient liquidity.In order to solve liquidity problem,the establishment of the Beijing Stock Exchange has brought new opportunity for SMEs.Since the opening of the market,the overall performance of the companies has been in line with expectations,and the market performance of BTR is even more impressive.In order to obtain more funds to meet its development,BTR was listed on the NEEQ in 2015,but due to insufficient liquidity,and it could not meet its capital needs for production expansion and R&D.The listing standards of the Beijing Stock Exchange are more inclusive and precise,attracting a large number of SMEs to raise funds to meet the needs of their own development.This thesis adopts literature analysis method,case study method and comparative analysis method and other research methods.First of all,start from the background and development history of BTR.Then state the development status of BTR and point out the problems in the process of development.Next,analyze and summarize the effect of the Beijing Stock Exchange.Finally,provide development suggestions for"specialized,special and new" SMEs.The successful landing of BTR has objectively solved its short-term financing needs and increased market attention.There is still a certain gap between the Shanghai Stock Exchange and the Shenzhen Stock Exchange.The occurrence of this situation is due to the diversion of SMEs after the registration system,as well as the constraints such as the survival plight of SMEs under COVID-19.In the future,it is still necessary for the Beijing Stock Exchange and the securities regulatory authorities to make corresponding system improvements to the current situation of "specialized,special and new" SMEs in the Beijing Stock Exchange.