China's National Equities Exchange and Quotations, also known as the "new third board," saw transactions exceed 26.4 billion yuan ($3.67 billion) so far this year.

From April 13 to 17, turnover on the board reached 1.8 billion yuan ($250.23 million). As of April 17, the board had 8,718 listed firms.

Saidian, operator of Bestdo.com, a Chinese online sport service provider, recorded the highest weekly transaction on the board, raising 127 million yuan ($17.65 million).

The exchange was launched in early 2013 to supplement the Shanghai and Shenzhen stock exchanges to serve small- and medium-sized enterprises.

It is seen as an easier financing channel for small businesses, with low costs and simple listing procedures.