Beijing Stock Exchange Sets Investor Capital Requirements

Beijing Stock Exchange Sets Investor Capital Requirements
Investors look at a screen showing stock market movements at a securities company in Hangzhou city in China's eastern Zhejiang Province on Feb. 3, 2020. STR/AFP via Getty Images
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China’s third, upcoming stock exchange will require minimum capital requirements on certain investors. Individual investors must have 500,000 yuan ($77,400) of assets in their accounts to trade on the Beijing Stock Exchange, the planned exchange announced on Friday.

China will set up a third stock exchange in Beijing, which will be a primary platform for innovative small and medium-sized businesses, Chinese leader Xi Jinping said on Sept. 2.