www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

Exchange proves prime route to main market

By Cai Xiao (China Daily) Updated: 2016-03-10 10:44

China's over-the-counter market, or the New Third Board, has helped small and medium-sized enterprises raise 26.47 billion yuan ($4.07 billion) so far this year, the latest figures from the National Equities Exchange and Quotations reveal.

As of Monday, the number of firms on the board had reached 5,906, with average daily trading value at 610 million yuan, and increasing numbers of firms are now adopting the financing platform as a faster way of getting listed on the A-share market, officials said.

Now China's third-biggest equity market, the New Third Board was initiated in 2006 as an experimental platform for small- and medium-sized enterprises to transfer shares.

The present system, known as the National Equities Exchange and Quotations, was officially set up in January 2013, after years of trials in cities including Shanghai, Wuhan and Tianjin.

It complements the existing main board, the SME board and the ChiNext board, and the latest numbers show it is fast being accepted by SMEs as an easier financing channel, with low costs, simple listing procedures, and a short application period for startup firms unqualified to be listed on major exchanges.

There were just 496 companies listed at ChiNext board by Tuesday, but the daily trading value totaling 81.1 billion yuan, the latest figures show.

"Although the New Third Board has been an important financing platform for SMEs, liquidity and exit channels remain challenges for listed companies and investors," said Eric Xin, senior managing director at Citic Capital.

Last week, the securities regulator said the third national equity market will divide its listed companies into two markets-and innovation and a basic market-from May, a move aimed at better meeting the requirements of SMEs, and to improve efficiency, said the CSRC.

Zhejiang Yili Capsule Co Ltd, a capsule producer in Xinchang, Zhejiang province, was listed on the New Third Board in 2015 and is typical of the type and size of company now using the platform.

It plans to hold two or three private placements this year, said Zhu Junwei, its general manager, with the funds raised to be used to upgrade its production lines and on possible mergers and acquisitions.

Yili Capsule has 36 production lines, six of which are considered intelligent and automatic which can each produce about 2.5 million capsules daily.

The firm plans to invest about 42 million yuan upgrading another 14 production lines this year, while its M&A targets, said Zhu, are likely to be capsule companies equipment with the latest production methods.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 亚洲视频一区在线观看 | 韩国美女激情视频一区二区 | 91香蕉国产线在线观看免费 | 黄页网站18以下禁止观看 | 日本女人www | 日本久久网| 美女黄色免费在线观看 | 免费国产不卡午夜福在线 | 欧美三级三级三级爽爽爽 | 欧美日韩看看2015永久免费 | 99久久精品免费看国产高清 | 免费在线观看毛片 | 国产精品日韩一区二区三区 | 亚洲国产精品看片在线观看 | 午夜专区 | 91视频国产91久久久 | 日本欧美中文 | 99久久国产综合精品网成人影院 | 国产欧美日韩精品a在线观看 | 在线看片一区 | 亚洲国产精品不卡毛片a在线 | 亚洲日本中文字幕在线 | 手机看片日韩日韩 | 午夜精品视频 | 欧美一级做一级爱a做片性 欧美一欧美一级毛片 | 成人三级在线观看 | 自拍视频区| 亚洲高清免费在线观看 | 在线视频一区二区三区在线播放 | 国产精品视频成人 | 欧美专区一区二区三区 | 一级黄视频 | 毛片在线视频在线播放 | 亚洲影院在线播放 | 欧美色老头gay | 国产视频一二三 | 亚洲高清在线播放 | 91精品成人免费国产片 | 国产精品欧美亚洲韩国日本 | 久久国产亚洲欧美日韩精品 | 亚洲精品日韩一区二区 |