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《大行報告》中金:北交所設立帶來融資及交易新格局 重點關注券商及創投類板塊
就國家主席習近平昨日(2日)在中國國際服務貿易會全球服務貿易峰會中宣布,繼續支持中小企業創新展,深化新三板改革,設立北京證券交易所。中金發表報告表示,北交所宣布設立,指內地資本市場迎來三十年來新格局,指在滬深交易所於1990年相繼設立後,時隔三十餘年,內地資本市迎來又一個全國性的證券交易所。截至目前滬深交易所共計上市公司數量4,467家,總市值86.7萬億元人民幣,該行認為北交所的設立,將與滬深交易所、區域性股權市場實現錯位發展與互聯互通,進一步推進中國資本市場的發展。 該行指,北交所會進一步助力中小企業實現高質量的發展,更好支持中小企業發展壯大內在需要,指北京證交所的設立意味著新三板改革進入新的歷史階段。 中金指2019年以來,新三板市場已經由基礎層、創新層及精選層依次遞進的市場結構。目前三層掛牌的公司分別為5,988家、1,250家及66家,總股本分別為3,450億、1,295億及108億股。按照中證監計劃安排,本次設立的北交所,將總體平移精選層的各項基礎制度,堅持北交所上市公司由創新層公司產生,維持新三板基礎層、創新層與北交所的市場結構,並同步試點證券發行註冊制,本次改革味著新三板市場將翻開新的歷史篇章。 該行認為,近期重點關注三個受益領域,認為精選層升級所帶來的融資、交易等層面的變化將利好相關內地金融機構的發展,重點關注中資券商及創投類相關板塊;第二是精選層目前掛牌企業、及未來可能由基礎層和創新層升級進入北京證券交易所的企業在交易、融資等層面有望明顯改善;第三是專精特新企業的發展。
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