Shang Fulin: Research On Refinancing Of GEM Companies

Shang Fulin, chairman of the China Securities Regulatory Commission, said on the 8 day of the fifteenth China capital market forum that the launch of the gem was more than a year ago.

Shang Fulin pointed out that greater efforts will be made to support the development of independent innovation and strategic emerging industries.

We should focus on supporting the development of industrial enterprises such as energy saving, environmental protection, information technology, biotechnology, high-end equipment manufacturing, new energy and new materials. We should take full advantage of China's main board market and international experience to study and formulate refinancing methods for listed companies on GEM, establish a financing mechanism that is suitable for the characteristics of gem and be convenient and efficient, actively explore the delisting system of GEM companies, and give full play to the market's survival of the fittest.

MySpace China laid off 2/3 last month

On the morning of January 10th, MySpace China (MySpace.cn) cut jobs last month (December 2010).

There is indeed a layoff in the market.

It is reported that MySpace has laid off more than 30 employees this time, accounting for 2/3 of the total number of employees; CEO Wei Lai, vice president of operations Lei Zhenjian has left office; executive director of the board of directors Gao Qunyao is temporarily CEO.

For the reasons for layoffs, Luo Peng said.

It is reported that the convergence network will be similar to the world in the future, and will be pformed into mobile Internet related services, such as

Survey shows that Chinese enterprises plan to increase investment this year.

The 2011 International Business questionnaire survey released by Kyoto Tianhua accounting firm on 10 may show that although the optimism of mainland Chinese enterprises on the economic outlook has declined as a result of inflation and other factors, enterprises are still optimistic about long-term development and plan to increase investment in 2011.

The report shows that 69% of mainland enterprises expect business income to rise in 2011, 52% expect to increase staffing, 61% of enterprises expect to increase R & D investment, while 47% enterprises expect to increase investment in plant and equipment.