Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

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

March 04, 2019


Abstract : China's National Equities Exchange and Quotations, also known as the "new third board," saw the debut of ten new small and medium-sized enterprises (SMEs) during this past week.

BEIJING, March 2 (Xinhua) -- China's National Equities Exchange and Quotations, also known as the "new third board," saw the debut of ten new small and medium-sized enterprises (SMEs) during this past week.

The number of companies on the board now totals 10,446.

From Feb. 25 to March 1, turnover at the board stood at 1.67 billion yuan (about 249 million U.S. dollars), up 8.08 percent from the previous trading week.

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

It is seen as an easier financing channel for small businesses, with low costs and simple listing procedures. In 2018, the exchange helped China's SMEs raise 60 billion yuan.

Scan the QR code and push it to your mobile phone

Keyword: China-financial-market China-New-Third-Board

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial