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China sees more than 340 newly listed companies

Abstract : More than 340 companies have been listed on China's Shanghai and Shenzhen stock exchanges since the beginning of this year, said Yan Qingmin, vice-chairman of the China Securities Regulatory Commission, at a conference.

BEIJING, Dec. 1 (Xinhua) — More than 340 companies have been listed
on China’s Shanghai and Shenzhen stock exchanges since the beginning of
this year, said Yan Qingmin, vice-chairman of the China Securities
Regulatory Commission, at a conference.

Nearly 180 of the newly listed companies were on the sci-tech
innovation board and the reformed ChiNext board, China’s NASDAQ-style
board, said Yan at the 2020 Annual Conference of China Society for
Finance and Banking held recently.

He called for better implementation of delisting and the protection of investors’ interests.

Chinese stocks closed higher Tuesday, with the benchmark Shanghai
Composite Index up 1.77 percent to close at 3,451.94 points, while the
Shenzhen Component Index closed 1.9 percent higher at 13,930.38 points.

The combined turnover of stocks covered by the two indices stood at
865 billion yuan (about 131.2 billion U.S. dollars), down from 950.7
billion yuan the previous trading day. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China sees more than 340 newly listed companies

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