Related News
Independent Committee On Listings For GEM
Source: Xinhua |
April 20, 2009, Monday
|
Print Edition
Print Edition
CHINA'S securities regulator has said it would establish an independent committee to approve listings for the Growth Enterprise Market.
The committee will comprise 35 members. Five members will come from the China Securities Regulatory Commission and the rest will be from the accounting, law and other sectors.
"The GEM has differences from main boards such as company qualifications, information disclosure and supervision. An independent committee is thus necessary," the regulator said last Friday.
Members of the approval committee selected for the GEM are not allowed to take any positions on the main board approval committees to maintain independence. It also extended a probation period from two years for the main bourse to three years for the GEM, given firms on the GEM usually had "higher risks," the commission said.
The committee will comprise 35 members. Five members will come from the China Securities Regulatory Commission and the rest will be from the accounting, law and other sectors.
"The GEM has differences from main boards such as company qualifications, information disclosure and supervision. An independent committee is thus necessary," the regulator said last Friday.
Members of the approval committee selected for the GEM are not allowed to take any positions on the main board approval committees to maintain independence. It also extended a probation period from two years for the main bourse to three years for the GEM, given firms on the GEM usually had "higher risks," the commission said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
