It provides growth space for small and medium-sized enterprises and emerging companies that cannot be listed in the main board.

[17] The biggest feature of the ChiNext is that it has low entry barriers and strict operation requirements, which help potential small and medium-sized enterprises obtain financing opportunities.

History The establishment of the ChiNext was a response to the growing demand for alternative financing options for small and medium-sized enterprises (SMEs) in China.

Prior to its creation, many SMEs had difficulty raising capital as they did not meet the strict listing requirements of China's established stock exchanges in Shanghai and Shenzhen.

The ChiNext was launched with 28 listed companies and quickly gained attention from investors as a platform for investing in high-growth industries such as technology, healthcare, and renewable energy.

In the years since its establishment, the ChiNext has undergone several reforms aimed at improving transparency, promoting more sustainable growth, and reducing risks associated with speculative trading.

The major listing requirements for the SZSE include: The Shenzhen Stock Exchange building is a skyscraper with a height of 245.8 metres (806 ft) and 49 floors.