New third board raises US$69.35b since founding 
2019-10-28
China’s National Equities Exchange and Quotations board, also known as the new third board, has raised 491.139 billion yuan (U$69.35 billion) since its establishment in 2013.
   Many small and medium-sized enterprises, as well as private enterprises, were financed via the new third board, according to the NEEQ. A total of 1,498 companies listed on the board received financing when operating on losses and many firms obtained support from the capital market during the R&D stage.
   The new third board has broadened the channels for the capital market in serving SMEs and the private sector, said Xu Ming, general manager of NEEQ Co Ltd.
   (Xinhua)
