NASDAQ will see more Chinese companies this year

NASDAQ will see more Chinese companies this year

NASDAQ expects about 20 Chinese companies to get listed until the end of 2005. The two of these companies will get listed in the next week according to an announcement by the Asia-Pacific operations of NASDAQ. The companies to get listed are mostly the major manufacturing companies of China, from telecommunication, banking and insurance, automobile and steel industries of China. There are currently 18 Chinese companies holding stocks listed in NASDAQ. NASDAQ says the largest obstacle beyond the Chinese companies is identifying and asserting all risks.