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GEM Board creates star share holders

0 CommentsPrint E-mail CCTV, October 31, 2009
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Huayi Brothers Media Corporation is no doubt the biggest eye catcher among the 28 companies listed on the Nasdaq-style board, not only because it is the first listed entertainment firm on the board, but also because many entertainment stars have become share holders.

Many of Huayi Brothers' contracted actors or singers bought Huayi's stocks. Famous actress Li Bingbing is one of them, she holds 360 thousand shares of Huayi Brothers. Friday morning, Li Bingbing's stocks are worth nearly 25 million yuan.

Li Bingbing, actress, said, "I prefer to hold onto stocks for a long time. Because I believe Huayi has a promising future. I'd like to be a long-term share holder and if possible I will buy more. I began to pay attention to the GEM board once Huayi Brothers planned to list on it. I learned about the board, I know it is different from the main board, it's a second board."

Leading movie director Feng Xiaogang holds a little more than 2 percent of the shares. Popular actors such as Huang Xiaoming, Luo Haiqiong are also stakeholders. It's expected the GEM board will create 74 billionaires and multi millionaires overnight. 11 of them will come from Huayi Brothers Media.

GEM Board creates star share holders
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