SMEs de­but on the New Third Board

China Daily (USA) - - BUSINESS -

More small and medium-sized en­ter­prises were added to China’s New Third Board last week. A to­tal of 156 de­buted on the board, up from 103 dur­ing the pre­vi­ous week. The num­ber of com­pa­nies listed on the board rose to 9,637 thanks to China’s ef­forts to en­cour­age the de­vel­op­ment of SMEs amid the down­ward eco­nomic pres­sures. The turnover on the board last week reached 4.93 bil­lion yuan ($715 mil­lion), up 16.82 per­cent from a week ago.

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