New Beijing Stock Exchange could be the financial lifeline China’s small companies are crying out for, analysts say

A new stock exchange planned for Beijing could provide a financial lifeline for innovative small and medium-sized enterprises (SMEs) that have often struggled to access financing, as Chinese President Xi Jinping seeks to further develop the mainland’s capital markets, according to analysts and market observers.The Beijing Stock Exchange would carve out a group of innovative small companies currently trading on the National Equities Exchange and Quotations (NEEQ) board for listing on the bourse…