久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

The Shanghai Stock Exchange (SSE) yesterday released its 2007 development plan, which highlights nine points for building a world-class stock market with an efficient trading system and product diversity.

Related readings:  Exchange consults on dealing with A/H share price gaps  Shanghai exchange prepares to welcome red-chip trading  Shanghai Stock Exchange

According to the plan, the SSE will step up efforts to attract more mainland companies that have already listed on the Hong Kong bourse to seek a dual listing in Shanghai. In addition, it will try to attract more initial public offerings by leading State-owned companies to boost market size.

The SSE said it would create a favorable market environment to speed up the listing process and to encourage mergers and acquisitions among listed companies.

With the Shanghai Composite Index the leading market indicator rising more than 130 percent in 2006, the SSE is one of the world's fastest growing stock markets. Most of the mainland's larger enterprises, such as the Industrial and Commercial Bank of China, Bank of China, Baosteel and China Unicom, are already listed in Shanghai.

The combined market value of the 10 largest Shanghai listed companies account for more than 50 percent of the total market value.

"The SSE has substantially increased its investment value and market status in the world, as it strives for world-class stock market status," said SSE Chairman Geng Liang.

The SSE's goal for 2007 is to structure a more diversified market with the balanced development of stocks, bonds and a number of financial derivatives. Covered warrants and other structural products derived from blue-chips stocks are expected to be launched in 2007 to increase market liquidity.

1

2

(For more biz stories, please visit Industry Updates)