Mou Jinxiang, 58, chairs and holds a 37% stake in Lianhe Chemical Technology, a pharmaceuticals and chemicals maker that went public at the Shenzhen Stock Exchange in 2008.

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And despite the decision to keep Hope Group within the family, Liu Yonghao plans to sell 40 million shares in New Hope on the Shenzhen stock exchange this month.

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Toyou Feiji Electronics, a software company whose customers include Chinese web giant Sina, today held on to a 29% rise in its shares yesterday after its stock debuted at the Shenzhen Stock Exchange.

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The company issued its earnings warning to the Shenzhen Stock Exchange on Sunday, citing unexpected delays in some overseas projects and reduced profit margins on client contracts in Europe, Asia and in China.

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The SME board was launched in 2004 to assist smaller growth companies in China to raise capital, and the Shenzhen stock exchange added the ChiNext board, a NASDAQ-type exchange for high-growth, high-tech start-ups, in 2010.

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A-shares trade at the Shanghai Stock Exchange and Shenzhen Stock Exchange.

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Last Friday BYD, currently listed on the Hong Kong stock exchange, announced that it would go public on the bourse in Shenzhen, a manufacturing hub in southeastern China.

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Meanwhile, Shenzhen, a fast-growing manufacturing city also in Guangdong province, offers the draw of a stock exchange to financial companies.

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