China Cracks Down On Fake Qualified Investors In NEEQ Market

The China Securities Regulatory Commission (CSRC) has tightened requirements and screening for qualified investors investing in the New Third Board, in an effort to maintain market stability and protect small investors, according to an article published by Caixin Media.

Innovation Works Approved To List On China’s NEEQ

Innovation Works, an early stage venture firm founded by former Google China head Kai-Fu Lee, has been approved by Chinese securities regulators to list its incubator and fund management services units on the National Equities Exchange and Quotations (NEEQ), according to a securities filing (in Chinese).

Venture-Backed Mobvista Lists On China’s NEEQ

Chinese mobile marketing platform Mobvista Co. Ltd., backed by Midas Capital, Haitong Securities and others, has listed on the National Equities Exchange and Quotations (NEEQ), or China’s new third board, says a company announcement.