Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
China's securities regulator gives green light to first seven GEM applicants
+ -
08:08, September 18, 2009

 Related News
 China's securities regulator gives green light to first seven GEM applicants
 China to come out of economic crisis strong: analyst
 Hong Kong stocks rally, end at fresh year-high
 China reviews first IPOs on Growth Enterprise Market
 Chinese shares climb to one-month high, boosted by heavyweights
 Comment  Tell A Friend
 Print Format  Save Article
The first seven companies applying for listing on the Growth Enterprise Market (GEM), a Nasdaq-alike market in China, have got green lights from the country's securities regulator on Thursday.

They are in the fields of software, medical equipment and medicines. They planned to raise 2.27 billion yuan (332.65 million U.S. dollars), from the IPOs, according to China Securities Regulatory Commission (CSRC).

"This means the seven enterprises are eligible to list on the market, but they still have some flaws in information issuance, which need to be improved," said Jiang Xinhong, a member of the review commission.

The flaws don't hinder the listings, but these enterprises should go through some necessary procedures before getting listed, said the CSRC.

The CSRC had received 155 applications for IPOs on the GEM as of Sept. 10, since it started to accept applications of the GEM on July 26.

Source:Xinhua



  Your Message:   Most Commented:
Why India is pursuing military strength?
World's top ten most mysterious and horrible spots
Baby alien found by Mexican farmer
Which country has the most beautiful women?
Indian media stinks up public opinions

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90857/90859/6761064.pdf