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Huayi led the GEM: Ma Yun and Jiangnan Chun together earned 1.7 billion(0) As shareholders of Huayi Brothers, Ma and Jiangnan, then together earned more than 1.75 billion. Huayi Brothers opened at 63.66 yuan / share, compared to issue price of 28.58 yuan increasing by 122.74%. Alibaba founder Ma Yun holds Huayi Brothers 13.8240 million shares, with the latest prices, Ma thus earned 1.23 billion. Focus Media CEO Jiang holds 5.9040 million shares, counted by the same opening price, he earned 525 million. Huayi Brothers has a total of 75 shareholders who share 126 million shares. Zhongjun and Wang Zhonglei brothers hold 34.85% and 11.03% stake. |
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First seven GEM applicants(0) They are in the fields of software, medical equipment and medicines. They planned to raise 2.27 billion yuan, from the IPOs, according to China Securities Regulatory Commission (CSRC). These enterprises still need to go through some necessary procedures before getting listed, said the CSRC. The CSRC had received 155 applications for IPOs on the GEM as of Sept. 10, since it started to accept applications of the GEM on July 26. Source : Konaxis |
