28 GEM Shares Listed on Board Twenty-eight small and medium-sized enterprises today (October 30) started trading their shares on China's Nasdaq-style market, ChiNext, operating in Shenzhen. Huayi Brothers Media Corp., a movie production company, saw its shares soar the most, up 122.74 percent from its IPO price, opening at 63.66 yuan per share. Zhongyuan Huadian Co. Ltd. increased the least by only 46.26 percent from its IPO price of 47 yuan per share. ChiNext is expected to provide additional fund-raising channels for small and medium-sized businesses involved in high technology and with fast growth. Zhou Xiaochuan, the governor of the People's Bank of China, said at the trade opening ceremony that the central bank and the whole financial system will consistently support ChiNext.
Cold Front to Hit GD on Sunday The strongest cold front so far this Autumn is expected to start affecting Guangdong this Sunday, with temperatures dropping by 8 to 10 degrees. Strong northern winds will pervade but no rain is due. The lowest temperatures are expected on next Tuesday and Wednesday, as low as 5 degrees in northern Guangdong and 7 degrees across the rest of the province.
GZ Railway Group to Put up New Optimized Train Running Plan Guangzhou Railway Group will publish new train time table on November the 11th. On that day, the authorities have said that current routes will be extended and brand new trains will be put into operation. These "25G" air-conditioned trains shall run faster, although precise information has yet to be published.
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