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Selected firms on China's "new third board" increase to 68

The number of companies in the selected layer of China's National Equities Exchange and Quotations (NEEQ), or the "new third board," has been increased from 66 to 68 in the past week.

This is the first time that companies were added to the layer since the country announced it would establish the Beijing Stock Exchange, according to the NEEQ Co. Ltd.

All companies in the NEEQ selected layer will become listed companies of the Beijing Stock Exchange when market trading starts in the Exchange.

The Exchange will focus on both the quantity and quality of the companies, and strive to pool a group of quality and innovative small and medium-sized enterprises within a period of time, said Xu Ming, the Exchange's chairman of the board of directors.

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