Excitement Abounds for New Third Board
(Beijing) – The country's financial circles have been enthusiastic about the prospects of a large expansion this year to the New Third Board, a nationwide over-the-counter (OTC) market for non-public companies' shares, which now covers only four pilot regions.
The State Council's Standing Committee has listed the task of enacting rules for the expansion as one of the government's key jobs this year. It announced the decision after a meeting on May 6.
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