Nasdaq Stock Market has always been the most favored option for Chinese enterprises desirous of listing overseas, and to promote the early entry of such enterprises in SIP into the capital market, SIP Economic and Trade Development Bureau and SIP Science and Technology Bureau jointly organized talks and exchanges on "Road to Nasdaq listing" on June 21, at which Mr. Xu Guangxun, First Representative Nasdaqq China Chapter, was invited to lecture on the history, transaction, and major points for attention in listing at Nasdaq, and to have exchange of views with SIP enterprises.

As the most dynamic and successful security market, Nasdaq and its 8,000 investment setups are managed under strict supervisory system and regulations. In the light of the specific conditions, Nasdaq has set up global market, capital market, and selected market, each of which runs in three different sets of criteria for listing, and enterprises can easily fit themselves into the right level of listing. Besides, Nasdaq Stock Market lays primary stress on the development prospect of the enterprise without rigid requirements on the years of operation or current level of profit-making, and is therefore well suited to enterprises of high growth potentials. Mr. Xu made a special mention that the average cost of listing at Nasdaq is as high as 13% of the intended fund-raising in the complex security market in USA, and advised that the Chinese enterprises going Nasdaq must conduct serious evaluation of the feasibility and select agents with utmost caution so as to ensure successful listing.