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China's new third board weekly turnover exceeds 2b yuan

Xinhua | Updated: 2022-07-02 21:58
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Investors check share prices at a securities firm in Nanjing, Jiangsu province. [Photo by Xing Qu/For China Daily]

BEIJING -- The National Equities Exchange and Quotations (NEEQ), also known as the "new third board," registered a turnover of more than 2 billion yuan ($299.1 million) in the transaction week from June 27 to July 1.

As of July 1, there are 6,729 companies on the board.

Launched in 2013, the board aims to offer small and medium-sized enterprises a new financing channel with low costs and simple listing procedures.

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