China to launch its Nasdaq-style GEM on Oct. 23
www.chinaview.cn 2009-10-17 10:56:14   Print

    BEIJING, Oct. 17 (Xinhua) -- 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.

10 companies to list as China's GEM starts IPO procedures

BEIJING, Sept. 21 (Xinhua) -- Ten Chinese companies kicked off initial public offering (IPO) procedures Monday for listing on China's Nasdaq-style Growth Enterprise Market (GEM) at the end of October.

The 10 start-ups will complete their price inquiries and road shows by the end of this week, and begin subscription on September25, according to the prospectus posted on the website of the Shenzhen Stock Exchange. Full story

China's securities regulator gives green light to first seven GEM applicants 

    BEIJING, Sept. 17 (Xinhua) -- 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). Full story

Special Report:  Global Financial Crisis

Editor: Li Xianzhi
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