The Beijing Stock Exchange officially launched market-making activities on its stock exchange on Monday.
A total of 13 market makers will participate in the exchange’s trading activities, covering 36 stocks, the Beijing Stock Exchange said.
The introduction of market making activities is conducive to reducing investors’ transaction costs and enhancing market liquidity and stability, according to the exchange.
The move was made to further promote market reform and innovation and improve the stock market system, the Beijing Stock Exchange said earlier.