FINANCE

Beijing Stock Exchange Plans IPO Allotment Changes and BSE 50 ETF

Published: Oct. 22, 2026 2:08 a.m. GMT+8

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Beijing Stock Exchange Chairman Lu Songbin delivers a keynote speech at the 2026 Financial Street Forum on Oct. 20.

The Beijing Stock Exchange plans to tie initial public offering share allocations to investors’ existing holdings and launch an exchange-traded fund tracking its benchmark index, in a bid to attract more long-term capital.

The planned changes, announced as the bourse marks its fifth anniversary, are intended to better balance investment and financing while boosting liquidity in a market focused on China’s innovative small and midsize enterprises.

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Beijing Stock Exchange will link IPO allocations to investors’ existing holdings and launch BSE 50 ETF to attract long-term capital.
Bourse marks fifth anniversary with 351 listed firms, over 83 billion yuan IPO financing; private firms make up nearly 90%.
Qualified investors reached 11.7 million, triple launch level; BSE-themed fund assets exceed 16 billion yuan.

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Who’s Who

Harvest Fund Management Co.: Jing Lei, general manager of Harvest Fund Management Co., commented on BSE-listed companies. He noted that researching these early-stage firms can be challenging for retail investors and suggested gaining exposure through mutual funds, using dollar-cost averaging to manage long-term volatility.

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What Happened When

Before 2026-10-20：: BSE announced planned changes (as part of its fifth anniversary) to attract long-term capital, expand index products (including BSE 50 ETF), and improve NEEQ operations, though specifics were detailed at the forum.

2026-10-20：: BSE chairman Lu Songbin outlined measures to strengthen primary-secondary market links at the 2026 Financial Street Forum, including tying IPO allocations to existing holdings and promoting inquiry-based pricing.

As of the article's date (unspecified, but reportage context)：: BSE has 351 listed companies, facilitated over 83 billion yuan in IPO financing, nearly 11.7 million qualified investors, and over 3,000 mutual funds holding BSE stocks; BSE-themed funds and BSE 50 index funds exceed 16 billion yuan in AUM.

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