GEM TO PROVIDE NEW CHANNEL TO RAISE CAPITAL
May 08, 2008 | BY
clpstaff &clp articlesWhen the China Securities Regulatory Commission [CSRC] recently released the Draft Measures on Administration of Initial Public Offering and Listing on…
When the China Securities Regulatory Commission [CSRC] recently released the Draft Measures on Administration of Initial Public Offering and Listing on the Growth Enterprise Market, it outlined how small enterprises in the mainland will have the opportunity to be listed as the GEM.
The Growth Enterprise Market (GEM) played a key role in the economic aims announced by Premier Wen Jiabao during the recent National People's Congress.
“We believe that under [the current] system, the PRC GEM market will turn out to provide a remarkable opportunity in the long run,” says Lawrence Guo, partner at Broad & Bright.
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