SSE TO STREAMLINE LISTING PROCESS ON SME BOARD
AsiaInfo Services, November, 2006
AsiaInfo Services 11-24-2006 SSE to Streamline Listing Process on SME Board SHENZHEN, Nov 24, 2006 (SinoCast via COMTEX) -- Shenzhen Stock Exchange (SSE) will take further steps to speed up listing on small and medium enterprise board, permitting five to six firms to go public there every week. The bourse will join forces with the industry authority to simplify listing procedure, having it completed within 100 days. Currently, more than 100 firms are preparing to go public on the SME board, of which nine companies have won the IPO approval while seven ones are ready to go through the examination for IPO. SSE is improving the listing efficiency in many aspects, said Zhou Jiannan, assistant manager. two advisors, and the latter are not allowed to provide...
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