October 25, 2019 / 10:51 AM / 24 days ago

China to allow firms to publicly issue shares on New Third Board exchange

BEIJING, Oct 25 (Reuters) - China’s securities regulator said on Friday it will allow qualified companies to publicly issue shares on the Beijing-based New Third Board equity exchange.

The regulator, in a statement, also said mutual funds will be allowed to invest in the equity exchange.

Reporting by Beijing Monitoring Desk; Editing by Catherine Evans

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