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.
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
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