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| Study on the Promotion of SME Financing and VC Exit by “New Third Board” |
| Wei Shijie |
| Chinese Academy of Science and Technology for Development,Beijing 100038,China |
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Abstract “New Third Board” is the earliest OTC of China Since 2006,“New Third Board” has improved the direct financing environment of listed companies and diversified the exit modes of Venture Capital While “New Third Board” has its own shortages on regional restriction of listed companies,investors limitation and trading system China should accelerate advancing the development of “New Third Board”,and improve the efficiency of company s financing and VC s exiting
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Received: 20 January 2013
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2013, Vol. 1 
