(Yicai) Nov. 22 -- Trading turnover of the two-year-old Beijing Stock Exchange has renewed a record for the second day in a row after the bourse was reported to accept a second batch of market makers.

Securities transactions totaled CNY13.1 billion (USD1.8 billion) today, breaking a record of CNY10.2 billion set yesterday. The BSE 50 Index, which tracks the bourse's 50 biggest listed companies, closed up 8.4 percent at 955.12 points today, achieving a 16.8 percent jump so far this week.

Shanghai Securities News reported that on Nov. 20, the BSE sent letters to another batch of securities traders, including Haitong Securities and Guoyuan Securities, to inform them that they have passed the review to provide bids and asks while increasing the market's liquidity.

The BSE is China's first mainland exchange to experiment with a market maker scheme. The novel bourse has 15 market makers. In September, the China Securities Regulatory Commission issued policies to further reform the exchange, such as halving the net capital threshold for market makers to CNY5 billion (USD701.4 million).

As more reform policies are coming into force, investors' risk appetite for the BSE has increased and funds have been flowing into the bourse, Liu Jing, an analyst at Shenwan Hongyuan Securities, told Yicai. Market caps and the bourse's liquidity are low so once funds enter the market, it will be easy to grow greatly, he added.

The BSE's growth will continue as the reform advances, Gao Fengyong, chairman of Blue Ocean Capital, said to Yicai. But investors should pay attention to companies with sound fundamentals and low valuations, he noted, adding that they should not jump on the bandwagon of hyped and highly fluctuating stocks.

The BSE was set up based on the National Equities Exchange and Quotations in September 2021 and it is committed to meeting the financing demand of small and medium-sized companies. The exchange has 231 listed firms.

Editors: Dou Shicong, Emmi Laine