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

HSK 4

公司今年计划在新三板挂牌。

Gōngsī jīnnián jìhuà zài Xīnsānbǎn guàpái.

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

HSK 5

新三板的流动性一直是个问题。

Xīnsānbǎn 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