Article: 19 FIRMS FILE FOR GEM LISTING


AsiaInfo Services
09-30-2009
19 Firms File for GEM Listing

SHENZHEN, Sep 30, 2009 (SinoCast Daily Business Beat via COMTEX) -- As 19 companies have filed for IPOs, China's long-awaited start-up board the growth enterprise market (GEM), China's equivalent of NASDAQ in the US, has gotten to the first base.

The 19 newcomers are from industries of software, pharmaceuticals, ship design, electric equipment manufacturing, modern logistics, new energy, and so on.

Medical and drug companies are the biggest winners. They have held five seats among the 19 to-be-listed companies. They are Beijing Beilu Pharmaceutical Co., Ltd, ChongQing Lummy Pharmaceutical, Anhui Anke Biotechnology (Group) Co., Ltd., ...

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