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English > Finance > Finance-newsbrief>Shenzhen Bourse to Curb Excessive Speculation on GEM Debut

Shenzhen Bourse to Curb Excessive Speculation on GEM Debut

10-29 15:05 Caijing

Full article in Chinese: http://www.caijing.com.cn/2009-10-27/110296001.html

» The Shenzhen Stock Exchange said Tuesday that it will take measures including intra-day trading restrictions to curb excessive speculation in stocks making their debut on the newly-launched Growth Enterprise Market.
» It will closely watch the first-day trading on the board and seek to pinpoint speculative activity that affects stock prices or trading volumes, the Shenzhen bourse said in a statement.
» The GEM, which has been branded "ChiNext," was officially launched Oct. 23, with the first batch of 28 listed companies to commence trading on Friday.
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