China’s state council permitted foreign players to invest in companies listed at its over-the-counter stock market last Friday, just before the three-day holiday marking the Dragon Boat Festival.
The regulation on such investments will draw reference from the existing laws and regulations applicable to A-share listed companies.
China’s OTC stock market, operating under the National Equities Exchange and Quotations (NEEQ) system, is also nicknamed the new third board stock market, as compared to its counterparts under the Shanghai Stock Exchange and Shenzhen Stock Exchange.
The regulation on such investments will draw reference from the existing laws and regulations applicable to A-share listed companies.
China’s OTC stock market, operating under the National Equities Exchange and Quotations (NEEQ) system, is also nicknamed the new third board stock market, as compared to its counterparts under the Shanghai Stock Exchange and Shenzhen Stock Exchange.
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