| 22 Chinese companies listed on Nsadaq this year |
| Thursday,October 29,2009 Posted: 19:55 BJT(55 GMT) |
| From:Chinaview Article type:Redistributed |
The Nasdaq OMX Group, Inc. has welcomed 22 companies from China to the Nasdaq Stock Market year-to-date in 2009, said the company. The 22 listed Chinese companies include eight IPOs, 13 OTCBB upgrades, and one switch to Nasdaq from NYSE AMEX. Companies going public in today's market are looking for greater visibility to global investors and seeking better intelligence on investor activity from their exchange. As a result, more companies come to Nasdaq and increase interest in the public company support services. Shengda Games, which was listed on September 25, is one of the largest U.S. IPOs this year and the largest capital raise for a Chinese company in 2009. There are currently 116 Chinese listed companies on Nasdaq, including Baidu, Nasdaq's largest listed company in China and a member of the prestigious Nasdaq-100 Index. Companies span across all major sectors including technology |
| (Source: English Site of Cyprus) |
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