AFCA successfully held a member event "Walking Into the Bejing Stock Exchange"

On the afternoon of September 22nd, AFCA held amember event "Walking Into the Bejing Stock Exchange" at the BeijingStock Exchange (hereinafter referred to as "BSE"), aiming to meet theneeds of members and assist them in their business development. The event washosted by Ms. Pang Kuixia, Deputy Secretary-General of the Association. Ms. WangLi, Deputy General Manager of the BSE attended the event and gave an overallpresentation on market development and reforms at the BSE. Staff of the BSE introducedthe 19 systematic reform initiatives and current situation of credit bondmarket development to the representatives.

Recently, the China Securities Regulatory Commission (CSRC)formulated and released the "Opinions on Building the BSE with HighQuality", which focuses on improving the market liquidity, and at the sametime launched a series of initiatives on the investment side, improving thetrading mechanism side, and optimizing the systematic arrangements for SMEs'listing and financing, and is known as the "19 Articles of the BSE for DeepReforms". Under this background, to grasp the new opportunities for thehigh-quality development of the BSE and to help members gain an in-depthunderstanding of the latest policies, measures, and development of the "19Articles of the BSE for Deep Reforms", as well as to promote multi-levelexchanges and cooperation among members and between members and non-members,the Association organized this event.

Nearly 40 representatives from more than 20 memberorganizations, including Bank of China, Everbright Group, AgriculturalDevelopment Bank of China, Bank of Beijing, Bank of Qingdao, Bank of MitsubishiUFJ (China), Zhongtai Securities, China Life, China Galaxy Securities,Insurance Association of China, China Export & Credit InsuranceCorporation, Huaan Property & Casualty Insurance, China General Chamber ofCommerce, China UnionPay, Fidelity International, and Asia Digital Bank,discussed and exchanged views on the above reform measures.

Figure 1. "Walking into the BSE" activity

Figure 2. Ms. Wang Li, Deputy General Manager of the BSE attended the event and gave an overall presentation on market development and reforms at the BSE

Figure 3. Staff of the BSE introduced the 19 systematic reform initiatives