Chinese NASDAQ brings little to chemicals industry

Despite an enthusiastic welcome by investors, the Chinese chemical industry largely missed out on the bonanza brought by the long-awaited Growth Enterprise Market (GEM), the Chinese version of the NASDAQ stock market, when it launched in late October.

With 28 companies listed in the first batch, the GEM began to trade on 23 October, and stock prices of most firms immediately rose, with some up 200 per cent on their issuing price within a day.  More...

http://www.rsc.org/chemistryworld/News/2009/November/16110901.asp