BEIJING, Oct. 18 (Xinhua) -- The Shenzhen Stock Exchange (SSE) said Sunday that the first batch of firms is scheduled to be listed on China's Nasdaq-style Growth Enterprises Market (GEM) on October 30.
China Securities institutions authorities have recently accelerated the pace of the introduction of the GEM. June 5 in Shenzhen issued the "Stock Exchange, Shenzhen Stock GEM Listing Rules", the June 8, Securities and Futures Commission, Shenzhen Stock Exchange and the Securities Industry Association released at the same time "the GEM market investors Provisions for appropriate management "," Shenzhen Stock Exchange GEM investors to implement appropriate management approaches "," GEM investment risks necessary to reveal the terms of the book. "
The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEx) has today (Wednesday) appointed members to the Cash Market Consultative Panel, Derivatives Market Consultative Panel and Clearing Consultative Panel.  Each of the appointees will have a three-year service term from 1 June 2009 to 31 May 2012, inclusive.
Conditions of the issuer profits: profits for the past two years, the past two years, the cumulative net profit of not less than 10 million yuan, and continue to grow; or the most recent year profit and net profit of not less than million, the most recent year revenues do not less than 50 million yuan, the growth rate of the past two years, revenues are not lower than 30%  The total issued share capital of not less than 30 million yuan  Set up with the investors risk tolerance of investors to adapt access system  GEM set up the Commission to issue special audit committee
Chapter I  General Provisions Article 1 These Special Regulations are formulated in accordance with the Company Law, the Securities Law, administrative regulations, rules of competent authorities, and the Rules Governing the Listing of Stocks on Shenzhen Stock Exchange (hereinafter, Listing Rules) for the purpose of promoting the development of the companies listed on the SME Board (hereinafter, company) and protecting the legitimate rights and interests of investors.  
At the beginning of the Year of the Ox, many anticipated the introduction of the Growth Enterprise Market of the small and medium enterprises and venture capital institutions once again saw a ray of hope. January 6 Shenzhen chairman Chen Dongzheng published a speech at the New Year, in 2009 Shenzhen will effectively guard against risks to ensure the safe operation on the basis of continuously improve the competitiveness of listed companies to accelerate the development of small and medium-sized panels, to achieve a smooth GEM start, and vigorously promoted the transfer pricing system, speed up the improvement of the organic links the multi-level capital market system.
GEM 50 Leading companies in market capitalisation - July 2008
GEM operates on the philosophy of "buyers beware" and "let the market decide" based on a strong disclosure regime. Its rules and requirements are designed to foster a culture of self compliance by listed issuers and sponsors in the discharge of their respective responsibilities.
'GEM' stands for Growth Enterprise Market - an alternative stock market operated by Hong Kong Exchanges and Clearing Limited.