The Government has started promoting the soon-to-be-launched Growth Enterprise Market (GEM) to overseas investors.
The Industry Department has been lining up Silicon Valley venture capitalists and technology companies to meet with the chairman of GEM working group Lo Ka-shui, according to Director-General of Trade and Industry Francis Ho Suen-wai.
Mr Ho, who recently visited Silicon Valley with Chief Executive Tung Chee-hwa, said the Industry Department's office in San Francisco had made connections with Valley companies and financial institutions.
He said the department was arranging for the stock exchange to meet with Silicon Valley venture capitalists involved in the technology industry by September.
However, a detailed schedule had yet to be set.
The visit to Silicon Valley was part of the GEM's road-show activities. Mr Lo would also visit London, New York and Boston to meet with fund managers, said sources at the exchange.
The GEM board, which is tailored for high-technology and high-growth small to medium-sized companies, is expected to be launched by October.
