新三板

xīnsānbǎn

noun

Meanings

1 New Third Board (National Equities Exchange and Quotations, NEEQ)
2 over-the-counter market for small and medium Chinese enterprises

Characters

Examples

公司今年计划在新三板挂牌。

Gōngsī jīnnián jìhuà zài Xīn Sānbǎn guàpái.

The company plans to list on the New Third Board this year.

新三板的流动性一直是个问题。

Xīn Sānbǎn de liúdòngxìng yìzhí shì ge wèntí.

Liquidity has always been a problem on the New Third Board.

Tips

culture

Short for 全国中小企业股份转让系统. Launched 2013 as a lighter-touch listing venue below the Shanghai/Shenzhen main boards. The 精选层 (select tier) was later spun off into the Beijing Stock Exchange 北交所 in 2021.

Stroke Order

新 xīn

三 sān

板 bǎn