NASDAQ reaches out to Chinese enterprises | Biz weekly

Being the fastest growing economy in the world, China offers tremendous opportunities for SME’s - small-and medium-sized enterprises. NASDAQ is offering its services to China’s enterprises, to introduce them to law firms, accounting firms and other industrial relations. After they become quality enterprises, they can be listed in NASDAQ.

Meyer S. Frucher, vice president of the NASDAQ OMX Group (the owner of NASDAQ) offered Chinese companies help to "reach resources and to incubate them, and then allow them to get financing in higher level capital market.” The offer is specifically aimed at SME that are, in Frucher’s words, “innovative and forward-looking.”

NASDAQ is the second-largest stock exchange in the world by market capitalization, after the New York Stock Exchange. NASDAQ has already listed 141 companies from the greater China like BAIDU, CTRIP, SINA and SOHU. Almost all of them were small enterprises when they were first listed in NASDAQ.


Further reading on news.xinhuanet.com

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