Law Perfection In Access And Exit Of China GEM

With the coming of knowledge economy time, capital security market increasingly presentsmulti-level development characteristic, and the GEM emerged. The rising of NASDAQ injectvigor to the U.S. Economy and the world economy, and push the development of the high-tech,high risk and high growth enterprise. Our country is in the economic transition period,supporting and encouraging the development of high-tech enterprise. Therefore, establishing andperfecting China GEM is an urgent task. March 31,2009, is issued, so China GEM emerged. We do a lot of work for the GEM, but because oftime shorting and lacking experience, there still are many imperfections in our GEM. While thelaw perfection in access and exit of China GEM is the most concerned aspect. This article,basing on the condition of our country and refering the successful experiences form othercountry and area, suggest my opinion on listing and exiting conditions, sponsors, market makers,legal regulation, corporate governance, etc. It can be said, GEM is a new thing in our country, itis a learning process to all of us. So the author hold the attitude of learning to research andcomplete this article, and hope to cause good results.