The 8-prefix stocks are usually the stocks of the New Third Board, but the stocks of the New Third Board also start with 4. If users want to buy the shares of the New Third Board, they must open the corresponding permissions. However, the risk of buying new third board stocks is higher than that of buying main board. 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 "New Third Board".
The content of this article comes from People's Republic of China (PRC) Financial Code: Applied Edition published by China Law Publishing House.