Trading on ChiNext began Friday with all its 28 debutants posting strong gains. The collective debut was so spectacular that by the midday break, the Shenzhen Stock Exchange, which hosts the startup board, had ordered the temporary trading suspension of all 28 stocks due to the bourse's anti-speculation rules. Chengdu Geeya Technology led the gainers on the new board, ending up 210% at CNY35.00. The other 27 stocks rose between 76% and 195%. Turnover on ChiNext totaled CNY21.91 billion, compared with CNY120.09 billion in Shanghai. Shanghai's turnover Friday was slightly above Thursday's CNY120.00 billion and Wednesday's CNY117.98 billion, but below Tuesday's CNY143.77 billion.

Beijing Ultrapower Software

Ultrapower Software Co., Ltd., Ultrapower for short, is the biggest IT operations and maintenance (O&M) management solutions and services provider. The headquarters of Ultrapower is in Beijing a

nd it has two R&D and technical support centers in Beijing and Shanghai. Ultrapower��s perfect marketing and sales system has 9 regional sales and technical support centers in China and branches in Hong Kong, Southeast Asia, South and North America and Middle East. The development of Ultrapower is rapidly and it has nearly 1000 employees now. About 80 percent of the employees are technical engineers and all of them have bachelor degree or above. Some of them have 5 to 10 years�� industry work

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    Ultrapower focuses on IT (O&M) management field and aims to become t

he IT O

&M management expert. We occupies the biggest share in Chinese ITSM market for 3 consecutive years for IDC market report.

    Ultrapower��s customers cover the industries of telecom, government, finance, energy, post, media and public server manufactures in China. And ultrapower is preferred strat

egy partner by the famous international companies such as Microsoft, IBM, HP and CISCO. We follow advanced industries

standards like ITIL, ISO20000 and ISO27001 and help our clients improve there total oper

ation management ability and service level through map out consummate and full-scale flow standards.

Shanghai Bestway 300008.SZ THE China Securities Regulatory Commission has given the nod for Shanghai Bestway Marine Engineering Design to list in the new Growth Enterprise Market board in China. One of China’s largest offshore design outfits, Shanghai Bestway Marine Engineering Design Co, has secured the greenlight to list on China’s growth enterprise market

China Minsheng Bank (simplified Chinese: 中国民生银行; traditional Chinese: 中國民生銀行; pinyin: Zhōngguó Mínshēng Yínháng) (SSE: 600016), founded on 12 January 1996 in Beijing, is the first bank in China to be owned mostly by non-government enterprises.^[1] The bank was founded by Jing Shuping.^[2]

Minsheng Bank has over two hundred banking outlets throughout China and relationships with more than seven hundred banks overseas,

Medium-sized Chinese lender China Minsheng Banking Corp. (600016.SH) will start pre-marketing its US$4 billion Hong Kong initial public offering Monday

The growth-enterprise stock market ChiNext board has been launched on the Shenzhen Stock Exchange, sources reported.

The inaugural ceremony for ChiNext was held this afternoon in Shenzhen Wuzhou Guest House, a luxury hotel in the city. Shang Fulin, chairman of the China Securities Regulatory Commission, and department leaders attended the ceremony.

Liu Yanhua, vice minister at the Ministry of Science and Technology, said the new Nasdaq-style board signaled the beginning of a new market that will balance the weight of the main board. The opening of ChiNext board will also support innovation and help the country adjust its industrial structure.

China has set an 80 percent limit on share price movements for the opening day of ChiNext, its planned Nasdaq-style board, to curb speculative trading, the Shenzhen bourse said Thursday.

If the prices of start-up stocks move up or down 80 percent during the first trading day, the bourse will suspend trading until the final three minutes before the session ends, the Shenzhen Stock Exchange said in a statement.

The rules are in addition to two other debut-day circuit-breakers under which trading is suspended for 30 minutes if shares in a company move up or down 20 percent from the opening price, and then another 30 minutes for a 50-percent shift.

The bourse said the restrictions for the long-anticipated ChiNext growth enterprise board -- which will be based in Shenzhen -- would help curb risks, maintain market stability and protect investors.

When the first batch of 28 companies start trading on ChiNext board on Oct. 30, local securities firms will earn more as underwriters than their counterparts outside Shenzhen.Currently, China's main board in Shanghai and Shenzhen are dominated by state-owned firms such as Industrial & Commercial Bank of China (1398.HK) and PetroChina (0857.HK)

It is estimated that 23 securities firms will reap about RMB 717.64 million through underwriting new shares, according to sources.

CITIC Securities Co Ltd<600030>, the largest listed brokerage in China, obtained nearly RMB 120.97 million through underwriting shares of an IT solutions provider called Beijing Ultrapower Software<300002>.

Some surveys have indicated that the Nasdaq-style ChiNext board could help as many as 50 firms go public this year, bringing them a combined RMB 22.5 billion in financing.

H.Brothers (300027.SZ) and Aier Eye Hospital Group (300015.SZ), will start trading on ChiNext on Oct. 30

ChiNext, is an important component of China’s multi-tier capital market system. As an independent market, ChiNext offers a new capital platform tailor-made for the needs of enterprises engaged in independent innovation and other growing venture enterprises. The difference between ChiNext and the main board lies in their mechanisms of financing, investment and risk management for issuers at various stages of development, rather than simply the sizes.

ChiNext, which opens trading on Oct 30, has already produced 82 IPO-generated tycoons, each worth at least 100 million yuan ($14.6 million) worth of stocks, says the prospectus of the 28 companies whose stocks will be traded on the opening day.Called `ChiNext’, the market stands for ChinaNext, referring to Chinese enterprises of the next generation, Xinhua news agency reported. LEPU Medical Device Inc Huayi Brothers Media Corporation Ultrapower

Chinese Stocks Are Red Hot By Michael Swanson

Following over 20 years of minimal to no growth, the Chinese economy is finally reaching the potential predicted by many financial analysts in the mid nineteen eighties. As a result, many Hedge Fund managers and portfolio stock companies are looking to the East and for ways to invest in China.

Growth has been most noticeable in several key areas. Most noticeably for the early protagonists that chose to invest in China, is in clothing. Always a sound investment, consumers in the western world are both in need of, and in desire of clothes; male and female alike. Computers too are popular and, to a lesser degree, furniture.

Another area where investment has been huge, and returns generous, is throughout the toy industry. An industry that never seems to suffer particularly hard no matter the worldwide financial situation; toys can be produced cheaply, effectively and sold for huge profits in western malls and shopping districts.

Whilst the boat has not quite sailed for new investors to these industries, those looking for their first opportunity to invest in China have many more options. And these may prove even more profitable than their predecessors. For example, China is the second consumer of oil, and the biggest consumer of coal.

In their railways too; where investment has always been high, further adventurous plans are ongoing. With many contracts being passed to private western contractors, this is certainly a new opportunity to watch with interest.

Before rushing out to Beijing to invest in China however, do be warned. Resilience, determination and a sense of bravery will be called for as the Chinese economy, (as with any other fledgling market), can be volatile and prove unsteady; particularly as the world continues to ride the global recession.

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Article Source: http://EzineArticles.com/?expert=Michael_Swanson http://EzineArticles.com/?Chinese-Stocks-Are-Red-Hot&id=2664446

Chinese Stock News

The Shanghai Composite fell 3.5%, after rising in 13 of the 16 sessions in November prior to Tuesday, while the Shenzhen Composite Index gave up 4.3%. The fall in Shanghai triggered wider losses in Hong Kong, where the benchmark hang seng Index dropped 1.5%. Late Monday, China's banking regulator issued a stern warning to banks to strictly comply with capital requirements or face sanctions, the latest signal that Beijing is worried about risks building in the country's financial system after a year of blowout lending. China's senior leadership and political elite are expected to convene for a work conference later this month, an annual meeting that typically generates the blueprint for the following year's economic planning. "Investors are very sensitive to any negative news before the Central Economic Work Conference because every word or announcement may be regarded as a signal for next year's policy direction," said Wang Junqing, an analyst at Guosen Securities. The selloff in China was across the board, ranging from blue chips such as financial and transportation firms to retailers.