• Sun
  • Nov 23, 2014
  • Updated: 10:40pm

Graphical Environment Manager

Reactions mixed as HKEx pushes GEM firms to move to main board

The Hong Kong Exchanges and Clearing's proposal to encourage companies listed on the Growth Enterprise Market to shift to the main board has received mixed reactions from issuers.

Monday, 6 August, 2007, 12:00am

Time to take stock of GEM listing rules

On Hong Kong's Growth Enterprise Market, long-term suspensions are all too common.

Whenever a GEM company has run into problems over the past few years - from the disappearance of key officers to questions about the validity of publicly disclosed financial information - shareholders have been left in limbo while the shares are suspended for long periods.

16 Feb 2005 - 12:00am

The Duke can prevail in three-way battle royale

The $1.6 million East Point Handicap is the feature event at Sha Tin this afternoon and will be highlighted by the clash between Figures, The Duke and Gem Of India, who return to battle following an enthralling three-way finish in the Chinese New Year Cup over 1,400 metres on January 24.

7 Feb 2004 - 12:00am

SINO BIOPHARMA EYES MOVE TO MAIN BOARD

Sino Biopharmaceutical intends to withdraw its GEM listing if it can gain entry into the main board by way of introduction. The move is aimed at enhancing its public profile and gaining recognition from institutional investors. The company has become the latest firm to sever ties with the GEM.

7 Apr 2003 - 12:00am

GEM FIRM CHANGES NAME TO GLORY FUTURE GROUP

Growth Enterprise Market-listed e-commerce services provider E-silkroad (Holdings) has changed its name to Glory Future Group. Trading will begin under the new name from next Wednesday, the company said yesterday.

22 Feb 2003 - 12:00am

M CHANNEL CHANGE

M Channel says Zhang Zhenli has resigned as an executive director of the GEM-listed company.

24 Jan 2003 - 12:00am

Slow year, missed targets for 2 yr old Gem

Updated at 7.33pm: The Growth Enterprise Market (Gem) has helped companies raise HK$2.78 billion in initial public offerings in the first ten months of this year, only a fraction of the HK$14.51 billion in the same period last year.

23 Nov 2001 - 12:00am

Taiwan bank bullish on anaemic GEM

The Growth Enterprise Market (GEM) ended the week at 190 points on Friday, down 80 per cent on its high of 1,021 in March last year.

But the poor performance of the exchange has not dampened Core Pacific-Yamaichi Capital's interest in it.

'I think that now is the best time for us to strengthen our leading position in the market,' executive director D.C. Lee said.

10 Sep 2001 - 12:00am

Birthday blues

Happy birthday, GEM. Hong Kong's much-heralded Growth Enterprise Market - the hi-tech second board - is one year old today.

The birthday celebrations have been muted. It has been a traumatic year for the market. The GEM index of companies listed on the market fell a couple of points yesterday to end its first year at a third of the level at its launch.

25 Nov 2000 - 12:00am

Gem of a bomb waiting to explode

Let us be grateful that the bouncers at the door of the Grab Easy Money (GEM) party are still allowing access only to those small struggling entrepreneurs on the admission list.

3 Mar 2000 - 12:00am

New GEM candidate hongkong.com calls for rule relaxation

Potential listing candidate and portal operator hongkong.com has called on authorities to relax Growth Enterprise Market (GEM) listing rules to make it more attractive to technology start-ups around the world.

'The Hong Kong GEM should be closer to world standards,' hongkong.com chairman Peter Yip said.

28 Feb 2000 - 12:00am

Market's fortunes fade with tech run

Interest in the Growth Enterprise Market (GEM) is proving hard to sustain, despite the pre-launch hype, as traders shift their interest to main-board technology counters.

Rumour-driven technology stocks on the main-board such as Pacific Century CyberWorks have captured investors' attention and negated interest in far smaller GEM listings, according to brokers.

3 Jan 2000 - 12:00am

Legrix to sparkle on Gem

Indy's Gem can give Peter Chapple-Hyam another winner by taking the featured St Andrew's Challenge Quaich on the Sha Tin dirt.

Dirt meetings are there to be endured for the greater good and, for the inveterate punter, there will be seven winners.

Indy's Gem, hopefully, will be one of them.

1 Dec 1999 - 12:00am

GEM code puts Barings in the money mode

GEM fever is sweeping Hong Kong, and the new market's pioneer profiteers can hardly contain themselves.

On Thursday, Timeless Software shares launched and soared.

And chairman Cheng Kin-kwan's heart soared with them.

Vibrating with the excitement of sudden wealth, a beaming Mr Cheng said that he smelled success the moment he won the GEM Lucky Dip.

29 Nov 1999 - 12:00am

Early leap in growth forecast

The Growth Enterprise Market (GEM) could grow to about half the size of the main board in its first three years, according to listing committee chairman Lo Ka-shui.

Mr Lo sees the soon-to-be launched board attracting 200 to 300 companies in that time.

The main board has more than 600 listed companies.

28 Oct 1999 - 12:00am

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