By Zhao Qian Of the 10 firms that have applied to be on the Growth Enterprise Board (GEB) so far this month, 50 percent did not receive approval from the China Securities Regulatory Commission (CSRC). Tianjin Sainteagle Welding failed to pass the review, according to an announcement released by ...
Shares closed up 2.70 percent Monday, reversing early losses as expectations for continued strong economic growth offset profit-taking on the new Growth Enterprise Board (GEB), dealers said. The Shanghai Composite Index, which covers both A and B shares, was up 80.80 points to 3,076.65 on turnove...
After the second day of trading on China's Nasdaq-style Growth Enterprises Board (GEB), 20 of the 28 stocks slumped below the decline limit and were suspended Monday. After the meteoric rise last Friday, 25 of the 28 stocks slumped and suffered from suspension when trading opened Monday. They tri...
China's Nasdaq-style Growth Enterprises Board (GEB) opened Friday, but within the first two hours of trading, all 28 new stocks listed on the board have been temporarily suspended due to rules that Shenzhen Stock Exchange issued to prevent wild fluctuations in share prices. All the stocks were su...
An official from the China Securities Regulatory Commission (CSRC) introduced the principles and guidelines for the China Nasdaq-style Growth Enterprise Board (GEB) Monday. He said that the supervision of the GEB will make the legitimate rights and interests of the investors and sponsor organizat...
The second round of nine companies to be listed on the upcoming Growth Enterprises Board (GEB) was approved by the securities watchdog Monday, and the nine are scheduled to launch their IPOs October 13. The nine enterprises, including Beijing-based Ding Han Technology, Shenzhen-based Centre Testi...
Equities rose Wednesday for the fourth consecutive trading day, with the Shanghai Composite Index up 14.31 points, or 0.46 percent, to close at 3,128.54. The Shenzhen Component Index gained 71.35 points, or 0.55 percent, to close at 12,931.21. Combined turnover shrank slightly to 280.7 billion yu...
By Cong Mu Original shareholders of start-up companies listed on the newly launched growth enterprise board (GEB) have sought to sell their shares at discounts, while speculators continue to push up prices, a local newspaper reported Monday. One of the top 10 shareholders of Huayi Brothers Media,...
The first committee for issuing and auditing for the growth enterprise board (GEB) was officially established in Beijing on Friday. Different from the main board, members of the GEB issuing and auditing committee include academics, university presidents and PhD professors. Of the 35 committee mem...
By Zhao Qian The application period for companies interested in being listed in a planned Growth Enterprise Board (GEB) began yesterday and 108 companies expressed interest in the Nasdaq-style second board. Applicants lined up inside the hall of the China Securities Regulatory Commission (CSRC) ...