China launches its biggest OTC board to aid SME financing

China has launched its biggest over-the-counter equity trading platform in Shenzhen, aimed at increasing access to finance for small and medium-sized enterprises and offering much looser listing requirements than the country’s main exchanges.

The move is part of a series of policies to ease financing difficulties for SMEs, which authorities see as key to transforming China’s growth model away from reliance on capital investment and promoting growth in technology and service industries.

via Business feed http://www.scmp.com/business/money/investment-products/article/1250420/china-launches-its-biggest-otc-board-aid-sme