20 CHINESE FIRMS TO BE LISTED ON NASDAQ IN 2005

AsiaInfo Services, May, 2005

AsiaInfo Services 05-02-2005 20 Chinese Firms to Be Listed on Nasdaq in 2005 CHINA, May 02, 2005 (SinoCast via COMTEX) -- 20 Chinese companies are expected to be listed on Nasdaq this year, including at least one Chinese bank, said Stuart Patterson, Nasdaq's senior managing director for Asia Pacific Region. At an interview, Stuart Patterson released the above-mentioned news, and said that two Chinese companies would go public on Nasdaq in the coming two weeks.

And most of them are manufacturing companies. He said that Nasdaq thinks much of China's industries of telecom, banking, insurance, automotive, iron and steel, and is actively contacting with the state-ownedenterprises of these industries. Listing on Nasdaq can prove Chinese companies' good quality to...

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