China’s New Third Board, an over-the-counter exchange for small and medium companies, has signed a memorandum of understanding in Beijing yesterday with the Hong Kong Exchanges and Clearing Co., Ltd. to allow those listed on the New Third Board to list in Hong Kong without additional approval. The memorandum said that both exchanges welcome those qualified listed companies to list on each other’s stock trading systems, in the first step toward the internationalization of the National Equities Exchange And Quotations …

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