When ChiNext opened in October 2009 as the 2nd grade market of the Shenzhen Stock Exchange (SZSE), it planned to provide Chinese entrepreneurs with equity capital and to ease the exits of venture capital firms and other investors which had formerly relied on the New York, London, and Hong Kong markets for public offerings. A year into ChiNext's operation, Dr. Wei Chen, Chairman and founder of Oriental Fortune Capital, one of the quickest-growing venture capital firms in China, met with a SZSE research fellow to discuss how the rules governing the marketplace might be fixed to enable more companies to list and, more significantly, to enhance efficiency and transparency in order to make ChiNext a better stock exchange.
Oriental Fortune Capital Building a Better Stock Exchange Case Study Solution
PUBLICATION DATE: May 24, 2011 PRODUCT #: 811105-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING