23 April 2019

New Third Board applications to open soon, paper says

China’s New Third Board will begin accepting listing applications from domestic companies before the year is out, Shanghai Securities News reported Tuesday, citing a source from the exchange operator. The National Equities Exchange and Quotations Co. Ltd. is fine-tuning trading rules for the expansion of the share transfer system designed to help small and medium-sized enterprises raise money from the market, the source was quoted as saying. Previously, only technology firms in certain science and technology parks were allowed to list their shares on the board.

– Contact HKEJ at [email protected]



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