USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Finance

18 firms debut on China's 'new third board'

Xinhua | Updated: 2017-12-11 13:16

BEIJING — Eighteen new small and medium-sized enterprises debuted on China's National Equities Exchange and Quotation (NEEQ), also known as the "new third board," in the past week.

The total number of companies on the board reached 11,627 on Friday, NEEQ data showed.

Turnover on the board stood at 4.34 billion yuan (about $655 million) from Dec 4 to 8, up 8.95 percent from the previous week.

NEEQ was launched in early 2013 to supplement the Shanghai and Shenzhen stock exchanges in serving small and medium-sized enterprises.

It is seen as an easy financing channel for small businesses with low costs and simple listing procedures.

Top
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US