China's new third board weekly turnover exceeds 2 bln yuan

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Photo taken on Nov. 23, 2020 shows a view of Zhongguancun Square in Haidian District, Beijing, capital of China. (Xinhua/Ren Chao)

BEIJING, July 3 (Xinhua) -- The National Equities Exchange and Quotations (NEEQ), also known as the "new third board," registered a turnover of more than 2 billion yuan (about 299.1 million U.S. dollars) in the transaction week from June 27 to July 1.

As of July 1, there are 6,729 companies on the board.

Launched in 2013, the board aims to offer small and medium-sized enterprises a new financing channel with low costs and simple listing procedures.  ■