Overseas entities with dual listings are expected to be among the first batch of Growth Enterprise Market (GEM) companies, according to PricewaterhouseCoopers.
Eugene Liu, a partner at the consulting firm, said the stock exchange had informed him some of these companies would possibly also be listed on the Nasdaq market in the United States.
He said the inclusion of these companies would help bolster investment sentiment towards the GEM board, which is to be introduced in the fourth quarter.
'Well-known overseas companies that are also listed on Nasdaq would definitely help promote the new market,' he said.
'These companies are in telecommunications, Internet and computer-related business.' Besides improving sentiment, the presence of these firms would make it more difficult for overseas analysts to ignore GEM companies.
GEM