Asking the Commission held a forum to focus on GEM.

<P> 4 days, the GEM Listing management approach will be the end of comments. .In this connection, the Commission held a forum yesterday, from academia and industry in the six persons on the launch of the GEM time, listing requirements, approval procedures and so on their own to express their views. .</ P> <P> timing of the introduction </ P> <P> draft does not specify the launch of the GEM time, so all speculation continued. .Participate in the forum Yanjing Overseas Chinese University President Watson said yesterday that the launch of the GEM take a long time, the rules are being developed, there are still a process of approval, but there are still many problems need to be studied. ."I think the first half is unlikely." Watson said, regulators will be more stable when the market launch of the GEM, but not volatile, when released, "so the market do not have much of GEM .Fear. "while attending the symposium, Professor of Renmin University of China, Wu Xiaoqiu also believes that the market should be more stable when the introduction of the GEM. .According to http:// News, China University of Political Science, Professor Liu Jipeng that: "GEM focuses on the opening of this year, not to quickly develop into a certain size." But the first batch of GEM companies should not be less than 50, then in the end is .mass market, or a two listed, this is a need to consider the details. .During the two sessions this year, the Shenzhen Stock Exchange chairman Chen Dongzheng told this reporter that, "May" after the first GEM is expected to issue stock, depending on the fat trial time. .</ P> <P> listing threshold dispute </ P> <P> for the threshold of GEM listed companies, securities firms and academics, representatives of different viewpoints. ."GEM should have a relatively high threshold, which is determined by our national conditions." Watson believes that the current more of a good business, many companies want to market, design a relatively high threshold is necessary, and domestic .Investors are not very mature, to protect investors need to set a relatively high threshold. .Liu Jipeng that GEM standards can not be too high, but never all of a sudden drop too low, to draw on international norms, while also respecting the realities of China's national conditions, market standards should be gradually adjusted from high to low. ."A lot of companies listed on Nasdaq in the listing or a loss, but it proved a good quality growth companies, whether the GEM we exclude such enterprises out?" To participate in research department of CITIC Securities forum .person in charge, said Xu Gang. .In his view, the stock market very often stir caused by scarcity of resources, should lower the threshold, so that more business enterprises to enter the market, brokers should be allowed as a market maker, really played the role of intermediaries. .</ P> <P> made strict examination, or wide? .</ P> <P> the issuance examination committee for the draft Regulations set approach, Xu Gang, that this board continues the issuing system, issue is still the Chief of the Audit, the local enterprise resource possible to push overseas. .Attending the symposium TX Investment Consulting Co., Ltd. Chairman Lin Yi-phase that the issue of the GEM board review process should be more simple than some private companies to tilt. .GEM business use of the funds raised should not need the approval of relevant government departments are not required to do authentication, "needs approval of the project less the better." .Watson, that, given the actual situation in China and did not approve or does not work, still need approval. .But "the key to development of the GEM of emancipating the mind" and can not act like the same board, "Board of reform to make it the first experimental field." .</ P> <P>.