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Industry

China's New Third Board sees turnover reach RMB55 bln by Aug. 17 since stratification

August 20, 2018


Abstract : By the end of trading session on August 17, China's National Equities Exchange and Quotations (NEEQ), known as the “new third board, had 55.07 billion yuan in turnover since the implementation of stratification methods on January 15.

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BEIJING, Aug. 20 (Xinhua) --- By the end of trading session on August 17, China's National Equities Exchange and Quotations (NEEQ), known as the "new third board", had 55.07 billion yuan in turnover since the implementation of stratification methods on January 15. 

About 11,076 small and medium-sized enterprises (SMEs) were listed on the board as of August 17 and total market value reached about 3.72 trillion yuan.

According to the stratification methods, listed companies on the board are divided into two layers, namly, the basic layer and the innovation layer.

The NEEQ was launched in early 2013 to supplement the Shanghai and Shenzhen Stock exchange in serving the SMEs. (Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: China-New-Third-Board

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