NASDAQ: CHINESE COMPANIES NOT GEAR DOWN IPOS IN 2006

AsiaInfo Services, December, 2005

AsiaInfo Services 12-12-2005 Nasdaq: Chinese Companies Not Gear Down IPOs in 2006 NEW YORK, Dec 12, 2005 (SinoCast via COMTEX) -- Nasdaq, the world's leading stock market, predicts that Chinese companies would not slow their pace to launch initial public offerings there in 2006. Over the past two years, nearly 20 Chinese companies have gone public in Nasdaq. Stuart Patterson, Nasdaq's director for international corporate customers, said no sign has emerged so far that Chinese entrepreneurs will gear down their IPO steps. Actions Semiconductor Co., Ltd.

(Nasdaq: ACTS) is the latest company that went public there while the IPO of Baidu.com (Nasdaq: BIDU) and Focus Media Holdings Limited (Nasdaq: FMCN) attracted more eyes. Impressively, Nasdaq has finished...

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