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Article: GEM ZEAL FADING
- Article from:
- AsiaInfo Services
- Article date:
- June 20, 2001
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AsiaInfo Services
06-20-2001
GEM Zeal Fading
CHINA, Jun 20, 2001 (AsiaPort via COMTEX) -- he zeal for China's long-mulled Nasdaq-like stock market is said fading, as many companies that had eyed for the so-called second board market switched to the main board.
They said they can't waste any more time for the long-awaited yet still faraway market.
Zhongke Hechen, located in Shanghai's northwest, is one of the companies that are getting more and more impatient.
Starting a second board share offering plan two years ago in May, 1999, it's still stretching its neck for the roll out of the market.
"We chose the second market,because more fund would be raised there," Wu Aiqun, the secretary to ...