Research On Financing Effect Of Small And Medium - Sized Enterprises In New Three - Board Market

The new third board market in our country belongs to over-the-counter market in the capital market, but its development seems more slowly, however,several reforms happened in the new third board market in recent years accelerate the process of its development, and the new third board market reached a new height. At the same time, the expansion of the new third board market have also brought a nationwide private company the opportunity of development. In recent years, the development of economic in our country is basically in stable, so the development of small and medium-sized enterprises is particularly important to our country’s economic development. The healthy development of small and medium-sized enterprises helps to keep the healthy economic development in our country. To ensure the healthy and sustainable development of small and medium-sized enterprises, the first problem to solve is the financing of small and medium-sized enterprises. The new third board market happens to be a suitable financing channel for small and medium-sized enterprises in our country in the current situation, which can provide convenience for the growth and development of enterprises, one of the most important is the money.First of all, this article will introduce briefly the background of the new third board market and current development of small and medium-sized enterprises, the point of view and discourse of some scholars are summarized through the literature retrieval method. Secondly, the related concepts and theoretical will be introduced briefly in this paper. Third, there will be some research and analysis of the current financing situation of the new three board market, and then some related problems of the new third board market in financing will be draw up. Fourth, use Zhongke guoxin as example to analysis the financing effect in the new third board market of the company, and then make contrast to the results of financing effect of the whole markets. Fifth, through the studies of NASDAQ market, this paper puts forward some suggestions in improving the effect of the small and medium-sized enterprises financing in the new third board market. Finally, concluding that the liquidity of the new third board market has improved, the effect of financing in the market is obvious, but the new third board market still have huge financing space, and a set of system needs to be perfected.