Business
April 28, 2005
20 Chinese companies to get listed on NASDAQ this year
Two Chinese companies will get listed on Nasdaq in the next two weeks, said Stuart Patterson, general supervisor of Nasdaq's Asia-Pacific operations. He added that a total of 20 Chinese companies, mostly manufacturing rather than hi-tech companies, will join the listings.
Mr. Pantterson said Nasdaq is very optimistic about China's telecommunication, banking and insurance, automobile and steel currently and is actively developing contacts with state-owned enterprises in these sectors.
By People's Daily Online
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