Tag: New Third Board

FINTS Morning Brief (9 September 2016)

The head of Asia-Pacific property at Citi Research said at a real estate conference in Hong Kong that China’s housing market will remain robust in 2017 The National Equities Exchange and Quotations, better known as…


Fints Morning Brief (6 September 2016)

G20 Hangzhou Summit concluded yesterday, with consensus reached on the adoption of a G20 Blueprint on Innovative Growth, improving global economic and financial governance to enhance the resilience of the world economy, revitalizing international trade…


FINTS MORNING BRIEF (30 August 2016)

Unless China’s economic growth is at serious risk of falling below 6.5%, policymakers do not see the need to reduce interest rates or bank reserves: Reuters Private equity fund is expected to participate in the…


FINTS MORNING BRIEF (3 August 2016)

As of today, more than 8,000 companies are listed in the over-the-counter New Third Board, among which 953 companies are included into the board’s innovation layer China is expected to see more severe marine disasters…


FINTS MORNING BRIEF (25 JULY 2016)

China’s Finance Minister Lou Jiwei addresses the opening of the G20 High-Level Tax Symposium and says that G20 should play a leading role in improving the international tax governance and support the development of a…


UCAR TO BECOME THE FIRST CAR-HAILING APP LISTED ON NEW THIRD BOARD

Ucar Inc, a ride-hailing app launched by Hong Kong-listed China Auto Rental, is ready to become the first of its kind to be listed on China’s NASDAQ-like New Third Board. The New Third Board, formally…


FINTS MORNING BRIEF (8 JULY 2016)

Head of the National Development and Reform Commission calls for proactive efforts to accomplish the capacity-reduction targets for coal and steel industry in 2016 Property tax law is unlikely to come into effect in 2017…


CHINA’S NEW THIRD BOARD STRENGTHENS ANNUAL REPORT MANAGEMENT

On June 30, two Chinese companies were delisted from the country’s National Equities Exchange and Quotations (NEEQ), also known as the “New Third Board”, due to their failure to timely disclose annual reports. This is…


New Third Board’s innovation tier faces stricter supervision

Market reactions towards Monday’s launch of tier management by the National Equities Exchange and Quotations, better known as the New Third Board (NTB), are relatively moderate as firms in the innovation layer are now under…


FINTS MORNING BRIEF (27 Jun 2016)

Vanke confirms that the company has received a requisition notice from the largest shareholder on convening an extraordinary general meeting to reshuffle all directors having not applied for resign yet Baoneng Group, Vanke’s largest shareholder, looks to…


FINTS MORNING BRIEF (23 Jun 2016)

At the latest executive meeting, the State Council requires large commercial banks expand their services to small- and medium-sized companies; the meeting also urges further opening sectors such as civil airport, basic telecom operations and…


Some companies dissent over NEEQ/ NTB’s tiered-scheme

Considerable controversy has arisen over a newly implemented tiered scheme at the National Equities Exchange and Quotations (NEEQ), more commonly known as the New Third Board (NTB). Some companies that are affected are even applying…


920 firms listed in innovation-tier of New Third Board

The list of firms selected into the “innovation level” of the“New Third Board” (NTB) was announced on Saturday. 920 companies are included into the final list before the tier management mechanism of the NTB takes…


FINTS MORNING BRIEF (20 Jun 2016)

The China Securities Regulatory Committee halts raising supporting funds to replenish liquidity in the process of restructuring 20.53-billion-yuan worth of restricted shares will become tradable this week 920 companies have been selected into innovation tier,…


FINTS MORNING BRIEF (17 Jun 2016)

Tier management of the New Third Board (a national share transfer system for small-and medium-sized enterprises) is set to launch on June 27. Around 900 companies are expected to be included in innovation tier Securities…