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Sprinting to get listed on new stock exchange
By Gu Jialan and Fei Lai |
April 27, 2009, Monday
|
Print Edition
Print Edition
A new stock exchange will be launched this Friday for China's innovative small- and medium-sized enterprises, and Jiading District tech companies are rushing to get listed and raise funds.
"We are sprinting to get listed on the new Nasdaq-like second board," said Huang Qi, who is in charge of Shanghai ChinaNetCenter Science and Technology Development Co Ltd, registered in Jiading. "We are busy preparing related materials and hope to be listed for the new board in Shenzhen, Guangdong Province.
Ten district enterprises have been identified as strong candidates; eight of them have completed restructuring.
The district government is providing instruction and help in preparation for companies such as Shanghai STEP Electric Corp and Shanghai ChinaNetCenter Science and Technology Development Co.
"Enterprises at various places are all actively preparing to get listed on the board," said an official from the Shanghai Small Enterprises Development Coordination Office, surnamed Chen.
"The competition is fierce. Therefore, the government will provide improved services for the enterprises to help them reach the goal."
"We are sprinting to get listed on the new Nasdaq-like second board," said Huang Qi, who is in charge of Shanghai ChinaNetCenter Science and Technology Development Co Ltd, registered in Jiading. "We are busy preparing related materials and hope to be listed for the new board in Shenzhen, Guangdong Province.
Ten district enterprises have been identified as strong candidates; eight of them have completed restructuring.
The district government is providing instruction and help in preparation for companies such as Shanghai STEP Electric Corp and Shanghai ChinaNetCenter Science and Technology Development Co.
"Enterprises at various places are all actively preparing to get listed on the board," said an official from the Shanghai Small Enterprises Development Coordination Office, surnamed Chen.
"The competition is fierce. Therefore, the government will provide improved services for the enterprises to help them reach the goal."
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