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Enterprises get help, support for public listings
By Lu Xiaofeng and Fei Lai |
October 25, 2010, Monday
|
Print Edition
Print Edition
JIADING District is sparing no effort in the campaign to encourage local companies to go public to raise funds for expansion.
District officials said they planed to support the initial public offerings of eight to 10 companies to be listed through the end of next year.
The process of application to list is rigorous and can take months. The district has streamlined its own part of that process to reduce waiting times.
Jiading also stands ready to assist companies with the listing process beyond district borders.
A database aimed at enterprises with the intention or potential to go public is being set up. Eastmoney.com and China Net Center are two companies that have benefited from the government assistance.
District officials said they planed to support the initial public offerings of eight to 10 companies to be listed through the end of next year.
The process of application to list is rigorous and can take months. The district has streamlined its own part of that process to reduce waiting times.
Jiading also stands ready to assist companies with the listing process beyond district borders.
A database aimed at enterprises with the intention or potential to go public is being set up. Eastmoney.com and China Net Center are two companies that have benefited from the government assistance.
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