(Yicai Global) Nov. 15 -- The first 10 new listings have soared on the No. 1 trading day of Beijing's first-ever stock exchange that was founded to better serve small and medium-sized companies.

Shortly after opening, the 10 new stocks saw an average gain of 132 percent. Among them, the equity price of Henan province-based auto parts manufacturer Tongxin Transmission [BSE: 833454] almost quadrupled in value. Shares of Hebei-based smart city information provider Zhisheng Information Technology [BSE: 832171] and Nantong-headquartered auto parts maker Dadi Electric [BSE: 870436] soared by nearly three times.

The pioneering group of 10 have company. Some 71 stocks were transferred to the Beijing Stock Exchange from the select tier of the National Equities Exchange and Quotations to reach a total of 81 firms trading on the fresh bourse aiming to improve SMEs' financing options.

The new peer of Shanghai and Shenzhen bourses will have no price movement limits for the first day. However, first-time price jumps of 30 percent and 60 percent will trigger 10-minute circuit breakers as the 10 above-mentioned stocks have already done.

Among the 10, Tongxin Transmission has been leading the group with an almost sixfold increase intraday. Three others have surged by more than 230 percent. And the remainder have more than doubled in value. Some 21 out of the other 71 firms have risen.

Editor: Emmi Laine, Xiao Yi