LINE

Text:AAAPrint
Economy

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

1
2018-01-07 09:15Xinhua Editor: Huang Mingrui ECNS App Download

China's National Equities Exchange and Quotation (NEEQ), also known as the "new third board," saw 18 new small and medium-sized enterprises this week.

The newcomers brought the total number of companies on the board to 11,623, official data showed Saturday.

Turnover on the board stood at 2.6 billion yuan (about 400 million U.S. dollars) from Jan. 2 to 5, down 68.14 percent from the previous week partly due to the New Year's Day holiday.

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.

Last year, total turnover on the board stood at 227.18 billion yuan, up 18.7 percent from 2016.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.