Investors scramble to capitalize on China's over-the-counter equity exchange

China’s over-the-counter equity exchange, the National Equities Exchange and Quotations (NEEQ), has grown 53% this year, outstripping even gains by the Shanghai Composite Index as Chinese fund managers seek returns from the promising industries that make up 48% of the alternative exchange’s listed companies, The Financial Times reported. While China’s main bourses favor state-owned industrial groups, financial institutions and property investors, 30% of NEEQ-listed firms are tech companies, while consumption-linked sectors such as tourism, healthcare and media make up another 18%. Companies raised RMB13.2 billion (US$2.1 billion) on the platform last year, and RMB2.9 billion in the first two months of 2015.