New Policy Encourages Listing of Software EnterprisesThe "Policies for Encouraging the Development of Software and Integrated Circuit Industries" recently issued by the State Council stipulate that from now on the software enterprises of whatever ownership which meet the conditions for listing in GEM, will be given preferential arrangement for the listing.The shares in software enterprises held by companies engaging venture capital investment can enter market circulation on the day of listing of the enterprise. For those companies with a bright market vista and personnel advantage, the ratio of intangible assets to net assets in the assets assessment can be determined by the investors themselves. Upon examination, those software enterprises meeting the conditions for overseas listing are permitted to apply for listing to raise funds in overseas. |
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