People's Daily Online 4 weeks ago

ChiNext shares plunge after debut

Stocks traded on the ChiNext startup board in Shenzhen yesterday plunged after surging heavily on their Oct 30 debut, challenging the ability of regulators to control volatility in the new bourse. All but three of the 28 new stocks on ChiNext declined. Full Article at People's Daily Online

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  1. MOST stocks traded on China's new Nasdaq-style stock exchange plunged by the daily limit yesterday after all of them surged wildly on their Friday debut. Full Article at Shanghai Daily

  2. It has taken China's government almost 10 years to launch the ChiNext market Photo: EPA After retiring from a life of factory work, Mr Xiao is not a rich man — his clothes are simple, his shoes cracked and teeth stained with tobacco — but he is... Full Article at The Telegraph

  3. SHANGHAI — The opening of a Nasdaq-style stock board in China is already being seen as a watershed moment for the country’s capital markets, providing new but volatile opportunities for mainland Chinese investors and an alternative source of financing... Full Article at The New York Times

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  1. SHENYANG, CHINA-DECEMBER 01: People dressed in a condom costume to mark World AIDS day at business district on December 1, 2009 in Shenyang, Liaoning Province of China. Nationwide activities were held to welcome the World AIDS Day which falls on December 1.
  2. Train station officers bearing AIDS awareness symbols stand in lines during an AIDS awareness event on the World AIDS Day held at the Beijing's south railway station, Tuesday, Dec. 1, 2009.
  3. BEIJING, CHINA - DECEMBER 1:  European Commission President Jose Manuel Barroso (L) talks to Chinese President Hu Jintao (R) and Swedish Prime Minister Fredrik Reinfeldt (C) during their meeting at the Great Hall of the People on December 1, 2009 in Beijing, China.
  4. CHANGCHUN, CHINA - OCTOBER 30:  Investors view stock prices at a securities company on October 30, 2009 in Changchun of Jilin Province, China. Twenty-eight small and medium-sized firms brgan trading their shares today on ChiNext, China's Nasdaq-style market, at Shenzhen Stock Exchange.
  5. SHENZHEN, CHINA - OCTOBER 30:    Delegates of the first batch of 28 selected firms for China's ChiNext pose for photos during the listing ceremony on October 30, 2009 in Shenzhen, south China's Guangdong Province.
  6. Investors look at an electronic board showing stock information at a brokerage house in Fuyang, Anhui province October 30, 2009.

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