Everyone is familiar with A-share, B-share, small and medium-sized board, GEM, and can hear in detail. But we don't know about the new three boards, the E board in Shanghai, the Q board and the new four boards in Qianhai. Here is a comparison and introduction of the new third board, regional equity trading market and Shanghai equity trading center.
New Third Board: "New Third Board" is called "National Share Transfer System for Small and Medium-sized Enterprises"
Originally only for enterprises in the national high-tech park, it has been liberalized nationwide. It is a national stock transfer exchange approved by the State Council. The transaction threshold needs 5 million yuan, and the requirements for transfer enterprises are relatively high.
Fourth board: what we usually call E board and Q board. Represented by Shanghai Stock Trust Trading Center, it belongs to the regional trading market.
At present, there are two major plates, Q plate and E plate.
Small and medium-sized enterprises share quotation system (Q board) and non-listed companies share transfer system (E board) have transaction threshold requirements, but the starting point is lower than the new third board.
Requirements for transfer enterprises vary greatly according to the difference between the upper Q board and the E board.
New Fourth Board: Shenzhen Qianhai Equity Exchange Center is a regional trading market with state-owned enterprises holding and market-oriented operation, which is constructed in the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone in Shenzhen. It was unveiled on May 15, 2012.
After listing in the Shenzhen Qianhai Stock Exchange Market, it can issue bonds and shares in the form of private placement and direct selling, so as to raise the required funds flexibly, simply, efficiently and at low cost.
The difference between the new three boards and E boards:
Shenzhen Qianhai New Fourth Board and Q Board:
Source: New Third Board Online
