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Guangdong Equity Exchange Shantou Branch Witnessed Its Inauguration
Date: 2019-12-25      Source: Shantou Daily

On the morning of December 24th, the Overseas Chinese Board (OCB) was upgraded after four years of intensive construction. The opening of the Guangdong Equity Exchange Shantou Branch marked the important step forward in Shantou's capital market, which will promote the use of capital by Shantou's enterprises. Besides, it will accelerate the development and innovation of Shantou in better providing direct financing and capital market cultivation and incubation services for small, medium and micro enterprises.

During the inauguration ceremony, Huaxing Bank, Shenzhen Rural Commercial Bank branch in South Australia and Guangdong Equity Exchange signed an equity trusteeship agreement. Guangdong Equity Exchange Shantou Branch and the Bank of China Shantou Branch signed a strategic cooperation agreement. The Bank of China Shantou Branch provided CNY 1 billion of the line of credit for OCB enterprises. The Municipal Finance Bureau issued financing awards to the OCB enterprises that successfully applied for such awards. In addition, another opening ceremony was held for 11 listed companies.

Source:Shantou Daily, Dec 25, 2019





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