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CRSC to launch ChiNext oversight division

(China Daily)
Updated: 2009-10-27 14:22

China Securities Regulatory Commission (CSRC) will set up an extra division within the supervisory body to supervise ChiNext-listed companies and their sponsors, CSRC said yesterday.

Special Coverage: Launch of Growth Enterprise Board Related readings:  Nasdaq-like board opens in Shenzhen  GEB sparks different opinions among institutional investors  Main boards may feel little impact from GEB debut

The securities watchdog vowed to strengthen its supervision on ChiNext, the newly launched board for start-up companies which have more uncertainty in future growth, in order to protect investors' interests.