Breaking News

China’s OTC market surges

World Flag Button Series - Asia - China(With Clipping Path)

China’s National Equities Exchange and Quotations has seen a 68% surge in the number of corporations it plays host to over the past year, raising the total to nearly three times the number listed on the Shanghai and Shenzhen exchanges. The total has grown 9% in 24 days amid a backlog in initial public offerings, with the NEEQ serving as a welcome source of capital for smaller companies.

Bloomberg (8/15)