Firms join stock trading system.

(From Business Daily Update)

Author: L Two non-listed high-tech enterprises in Beijing will become the first firms to trade shares through China's over-the-counter (OTC) stock trading system on January 23. It is the first time that companies that are not listed anywhere else will be able to use the OTC to trade their stock. China's current OTC stock trading system, also called a stock transfer agent system or "the third board," was originally set up for delisted public firms. These used the OTC to continue to trade their stock after being barred from using the Shanghai or Shenzhen stocks exchanges. Companies joining the system in the future are expected to come from …