The rule aims to ensure that in the early days

In the early stage of the growth enterprise market,ralph lauren pas cher, two sponsors will be needed for an initial public offering in an effort to prevent a deluge of lower value-added companies from flooding the market.

By staff reporter Song Yanhua

(Caijing.com.cn) The China Securities Regulatory Commission will accept applications for listing on the growth enterprise market from July 26, the regulator said on its Web site.

A CSRC spokesperson said on July 20 that companies that have already applied to list on the main board in Shenzhen can choose to list on the GEM if they withdraw their initial main board listing application.

According to the regulator,doudoune moncler pas cher, in the early stage of the GEM, two sponsors will be needed for an initial public offering and sponsors may only handle one IPO at a time.

The rule aims to ensure that in the early days,polo ralph lauren, sponsors recommend only the best companies and prevent a deluge of lower value-added companies from flooding the market,louboutin chaussure, the spokesperson said.

The CSRC said it might review this ruling.

On July 15, the Shenzhen Stock Exchange, where the GEM is based, said the first round of IPOs won't start for at least two months.

Sixty companies are expected to list on the launch of the Nasdaq-style board, which aims to allow start-ups,louboutin chaussure pas cher, particularly in the technology sector,louboutin, to gain access to investor capital.

Full article in Chinese: http://www.caijing.com.cn/2009-07-21/110200668_1.html
Print E_Mail Share Facebook Linkedin Yahoo Buzz Twitter Digg Single Page
相关的主题文章：


and this..." and they end up doing nothing

” says Ataman Ozyildirim

PBOC Suspends Repos, Lowers 3-Mth Bill Issues