Don't belong. The "New Third Board" market originally refers to the unlisted joint-stock company in Zhongguancun Science Park as a pilot to enter the agency joint-stock system. Because the listed companies are all high-tech enterprises, which are different from the delisting companies of the original turntable system and the listed companies of the original STAQ and network system, they are vividly called the "New Third Board".

The average loss of the New Third Board funds during the year was 10%, and 172 funds faced difficulties in exiting.

In the spring of 20 15, the new third board market broke out and the new third board fund became a hot topic for domestic financial practitioners. With the expectation that "the next decade may be the best time for China's equity investment", a large number of investors enter the New Third Board market with funds at one time, while individual investors who cannot directly participate in the primary market indirectly enter the New Third Board market through the New Third Board Fund.

However, just one year later, the development of the New Third Board has encountered bottlenecks: problems such as poor liquidity, declining financing function, and high investor threshold have swarmed in, the New Third Board index has been falling, and many New Third Board funds have also suffered a sharp retreat. Since the beginning of this year, the New Third Board Index has continued to fall. On July 6th this year, the New Third Board Index hit a new low of 1068, which was 62. 15% lower than the high of 2822 in June 20th1May.

New Third Board of Resources _ Baidu Encyclopedia