CSRC said to release plan for expanded OTC mart

The complete implementation plan involving the expansion of an over-the-counter equity transaction system nationwide is expected to be released at the earliest on Friday, a securities companies' leader said, broadening financial channels for unlisted small-scale enterprises.

A training session for brokerages to introduce the technology and the operation system of the national over-the-counter equity platform, or the "new board", was held in Beijing on Thursday.

Li Xudong, executive general manager of China Securities Co Ltd, was quoted by the newspaper Securities Daily as saying that Vice-Chairman of the China Securities Regulatory Commission Yao Gang would give a speech at the training session to release information about the plan.