New board to be launched in Shenzhen
28 September 2007
The long-expected new growth enterprise board (GEB) will be launched in the middle of October in Shenzhen Stock Exchange after eight years of preparation, Xinhua reported (in Chinese). The GEB will support small and medium-sized enterprises and unlisted
high-tech companies, and will have lower minimum corporate asset qualifications for companies wishing to list than the main board. The Shenzhen bourse has completed preparations of market rules, staff and technical details for the new board, according to an industry insider.