USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Finance

9 companies debut on China's 'new third board'

Xinhua | Updated: 2018-08-27 13:33
NEEQ provides an easier financing channel for small businesses, having low costs and simple listing procedures.

BEIJING - China's National Equities Exchange and Quotations (NEEQ), also known as the "new third board," saw the debut of 9 small and medium-sized enterprises from Aug 20 to 24.

With the newcomers, the total number of companies on the board reached 11,050, according to the exchange.

During the period, turnover on the NEEQ stood at 1.437 billion yuan ($211 million), down by 5.21 percent from the previous week.

The exchange was launched in early 2013 to supplement the Shanghai and Shenzhen stock exchanges to serve small and medium-sized enterprises.

It provides an easier financing channel for small businesses, having 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