CSRC: time for listing GEM not fixed

According to sources, the date of launching the Growth Enterprise Market (GEM) may be October 26. Altogether 29 companies will list on the market. Responding to the news an official from China Securities Regulatory Commission (CSRC) expressed yesterday that the exact time for listing GEMs had not been fixed yet.

9 GEM companies of the second round will be issued publicly on October 13. At that time, the number of GEM companies which have issued and not been listed will reach 19. Those enterprises have released their offer letters of intent on the Shenzhen Stock Exchange website. In addition, 10 companies like Huayi Brothers are just waiting for the exact issuing date.　

By People's Daily Online