Date
17 October 2017

NEEQ to start nationwide test run, paper says

The National Equities Exchange and Quotations Co. Ltd. (NEEQ), an equity exchange system for small- and medium-sized enterprises, will see a trial run expanded soon to cover the entire country, Shanghai Securities News reported Tuesday, citing a statement from the trading platform operator. The new trading system is expected to be launched in early 2014. About 2,000 firms outside the existing pilot areas have shown interest in joining the scheme. So far, the NEEQ system has 347 listed firms, and helped raise 690 million yuan (US$113.16 million) through 44 directed share issues.

– Contact HKEJ at [email protected]

MY/AC/RC

 

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