China to launch its Nasdaq-style GEM on Oct. 23

11:33, October 17, 2009      

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The Chinese securities regulator said here on Saturday trading on the country's Nasdaq-style Growth Enterprises Market will be launched on October 23.

Shang Fulin, chairman of the China Securities Regulatory Commission, released the above information at a forum held on Saturday.

That means, the first batch of 28 companies will get listed and be open for trading next Friday.

Source: Xinhua
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