Home / Business

SMEs gain greater access to funds

By Chen Jia | China Daily | Updated: 2013-01-17 07:28

'Third board' to satisfy growing financing needs for non-listed firms

China's equity transfer system for non-listed small and medium-sized enterprises was introduced in Beijing on Wednesday, opening up a national over-the-counter and off-exchange market to satisfy growing financing demand, the China Securities Regulatory Commission said.

The step is a milestone for the Chinese capital market. A unified platform will take the place of the previous regional pilot programs for equity trading in small companies that have not yet reached the conditions needed for listing.

SMEs gain greater access to funds

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349