Apple News Facebook Twitter 新浪微博 Instagram YouTube Wednesday, Mar 15, 2023
Search
Archive
English>>

45 firms debut on China's New Third Board

(Xinhua)    15:39, April 15, 2017

BEIJING, April 15 -- A total of 45 small- and medium-sized enterprises (SMEs) were added to China's New Third Board over the past week, latest data showed.

The newcomers brought the total number of companies listed on the National Equities Exchange and Quotation (NEEQ) system to 11,070.

Weekly turnover on the board was about 5.24 billion yuan (about 762.7 million U.S. dollars) during the period, up 39.7 percent from a week ago.

The NEEQ debuted in 2006 as an experimental platform for small, non-listed high-tech enterprises in Zhongguancun Science Park, Beijing. The present system was officially established on Jan. 16, 2013.

It complements the country's existing stock exchanges, the SME board and the ChiNext board. The board is seen as an easy financing channel with low costs and simple listing procedures.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Du Mingming, Bianji)

Add your comment

We Recommend

Most Read

Key Words