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China 's GEM After a decade of preparation and finally in October 23, 2009 the official ceremony was held on board . This means that high-tech and growth -oriented SMEs \From the NASDAQ market experience, in promoting the growth of SMEs play a major role , NASDAQ market has become GEM model. Generally the GEM listed companies for its role in promoting the growth effect known as the Nasdaq . Entrepreneurship plate board in developed markets, the U.S. NASDAQ is only the most successful , the greatest impact of the second board market . Thus, China's GEM can cultivate China as the NASDAQ market , like Microsoft , Cisco and other outstanding enterprises , that effect is achieved Nasdaq academia and the majority of investors are most concerned about . In this paper, Chinese A-share companies listed on GEM for the object, select 36 listed companies as research samples , empirical analysis . Firstly, use 2008 to 2009, two years of data , the use of factor analysis to determine the sample of companies listed on GEM of the growth ; Then according to 2010 data , obtained using the same method of listed companies in 2010 growth score by comparing the growth of listed companies after scoring on whether to proceed with its GEM listed companies that achieve high growth Nasdaq effects test. Positive test results did not confirm the Nasdaq effect on the market in our GEM realized . Finally, according to conclusions of this study provide some references listed recommendations will GEM listed companies to increase their growth provide guidance , but also conducive to the well- bred GEM listed companies .
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