Friday, March 13, 2009

8 Selected For Start-up Bourse

CHINA'S planned trading board for start-ups will list more than eight companies when it goes into operation, said Chen Dongzheng, president of the Shenzhen Stock Exchange.

"There are plenty of good smaller companies qualified to go public," Chen said in Beijing yesterday.

It will have less stringent requirements compared to the main Shenzhen exchange.

"We are making good progress" toward launching the bourse, Chen said yesterday without giving a timetable.

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