What is the difference between science and innovation board and a-share

Science and Innovation Board (S&I Board) is a specialized board for technology-based and innovative small and medium-sized enterprises (SMEs), belonging to the over-the-counter (OTC) market, focusing on SMEs that have not yet entered the maturity period but have growth potential and meet the relevant normative and technological and innovative characteristics.

The difference between the KTB and the a-share market is as follows:

First, the KTB adopts a registration system

The listing of the KTB adopts a registration system, which means that a large number of enterprises can be registered and listed, or a large number of enterprises may be delisted. In fact, KTB has adopted the strictest delisting system in history, canceling the suspension of listing and resumption of trading.

Second, the KTB has a high investment threshold limit for participants

To invest in the KTB, an investor must have $500,000 in assets and 2 years of experience in securities trading, which means that the stock market has only 3 million individual investors who are eligible to invest.

Thirdly, the STEM board is likely to be a market with a high proportion of institutional investors

The most investors in the listing and issuance of the STEM board should be institutional investors, but it is very difficult for them to get excess benefits in this market.