1. In nature, small and medium-sized board stocks with circulation less than 1 100 million yuan are called small and medium-sized boards and belong to listed companies that cannot meet the requirements of the main board market.
2. From the perspective of investment threshold, the SME sector has a higher threshold, stricter listing conditions and is close to the main board market.
3. From the perspective of operation mode, SME board belongs to Shenzhen Stock Exchange, is managed by Shenzhen Stock Exchange, and follows the securities market rules of Shenzhen Stock Exchange.
Characteristics of small and medium-sized stocks:
1. The entrepreneurial sector with the number of shares in circulation below 1 100 million yuan is called the small and medium-sized board, which is characterized by listed companies failing to meet the requirements of the main board market. Compared with ordinary A-share listed companies, the number of shares issued is small, which generally represents domestic small and medium-sized enterprises.
2.399 10 1 The outstanding stocks in China's current market are: Xinhecheng, Winbond Health, etc.
In the stock market, those with few shares in circulation are called small-cap stocks, and those with less than 1 100 million shares are usually called small-cap stocks. At present, the stocks of Shenzhen SME board and GEM are small-cap stocks.