NEWS
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Company news
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Listed Company of the 3rd stock Market - Available to Directly Go Public in A Share Market
Good News - February 26th, 2016, the State Council released the Decision on Related Issues of National SME (small medium enterprise)Share Transfer System. The decision covers market system securities, administrative licensing reform, management and other six aspects. The SMEs share transfer system is approved by State Council as a national securities exchange .thus the National SME share transfer system becomes a national third stock exchange, after Shanghai stock exchanges and Shenzhen stock exchanges. For the listed company of SME Share Transfer System (i.e. listed company of the 3rd new stock market), as long as its stock achieves the requirement up to the A stock market , the company can be directly transferred to the Main A market, without the approval or review from China Securities and Regulatory Commission. |
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