Add to Favorites  |  Subscribe |  Archive  |  Friend us on Facebook |  Follow Caijing on Twitter | 
English > Finance > Finance-newsbrief>Over 400 Funds Interested in GEM Shares

Over 400 Funds Interested in GEM Shares

09-28 12:09 Caijing

Full story in Chinese: http://www.caijing.com.cn/2009-09-25/110264323.html

» A total of 431 funds managed by 46 firms had announced their intent to invest in shares on the soon-to-be-launched Growth Enterprise Market as of Sept. 24, according to TX Investment Consulting Co.
» The announcements came after regulators said on Sept. 23 that managed funds were eligible to invest in GEM shares, contrary to rumours that they would be barred from such trades because of the potential for price manipulation on the new board.
» Subscriptions for shares of the first 10 companies approved to list began on Sept. 25, with the first round of listings on the Nasdaq-style board expected in mid- or late October. China has 60 managed fund firms.
Related Articles
News Galleries
more
  • The Strongest Earthquake Hit Gaoxiong, Taiwan
    • Most Viewed
    Finance & Economy
    more
  • Shared Journey, Shared Responsibility
  • China Under Test with CBY1.84T Local Debts Due in 2012
  • China Considering "Deeper Invovelment" in Euro's Rescue Efforts Ahead of China-EUO leaders' Meeting
    • Industry & Companies
    more
  • Chinese City Seizes Apple Ipads in Name Dispute
  • BYD Hong Kong Shares Soar 70Pct in 2012 on Multi-Positive Factors
  • Qihoo 360: Apps Should be Back on Apple App Store Shortly
    • Energy & Environment
    more
  • Two Lawsuits Underway Against ConocoPhillips in China
  • China Lays out Timetable for Air Quality Control
  • Chinese Vice Premier Calls for New Air Quality Monitoring Criteria
    • Contact us　|　Subscription　|　About Caijing　|　Work at Caijing　|　FAQs
    Please contact Caijing Magazine for any inquiries. Reproduction in whole or in part without Caijing's permission is prohibited.
    [ICP License: 090027]　IDC License:[B2-20040250]　Advertising Business License:[京海工商广字第0407号]　京公网安备110105005607号
    Copyright by Caijing. All Rights Reserved