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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: China reviewing first IPOs on new exchange AP - Monday, September 14 BEIJING - Regulators will review the first applications for initial public offerings on China's planned small-company stock exchange this week as it moves closer to its launch, a government newspaper said Monday. ADVERTISEMENT The Growth Enterprise Board is meant to nurture private companies that struggle to get financing in a system that favors state enterprises. No date has been announced for trading to start but news reports say it could be as early as next month. IPO applications from seven companies will be reviewed at a meeting Thursday, the China Securities Journal said, citing an unnamed official. It said they are in the pharmaceutical, technology and software industries and hope to raise a total of 2.2 billion yuan ($322 million). The Growth Enterprise Board is due to be located in Shenzhen, the southern financial center that is the site of one of China's two stock exchanges. The government received 108 applications for listing on the new board the day it started accepting proposals July 26. ___ Associated Press researcher Bonnie Cao in Beijing contributed to this report. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: China's Economy Energy giants to tap Australian gas fieldAFP - Monday, September 14 China reviewing first IPOs on new exchangeAP - Monday, September 14 S.Korea exports to China post smallest fall in 10 mthsReuters - Monday, September 14 China's Glorious Property eyes $1.5 bln IPOReuters - Monday, September 14 Related Articles: Business Big mood shift seen in year after LehmanReuters - Monday, September 14 China plans anti-dumping probe of U.S. autos, chickenReuters - Monday, September 14 RPT-Wall St Wk Ahead:Big mood shift seen in year after LehmanReuters - Monday, September 14 Tyler Perry has good opening with 'Bad'AP - Monday, September 14 Millions in German Opel aid bound for Russia, says reportReuters - Monday, September 14 Related Full Coverage China Economy china economy All Full Coverage Most Popular – Business Viewed Remains of Jesus-era synagogue found in Israel Nestle warns of possible exit from Switzerland Magna wants to cut 10,500 jobs, 4,500 in Germany: report Britain apologises to WWII code-breaker hero Lehman's collapse -- an insider's view View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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