创业板的定位,乃为相比起其他在联交所上市的.PDF

CHARACTERISTICS OF THE GROWTH ENTERPRISE 香港聯合交易所有限公司（「聯交所」）創 MARKET (“GEM”) OF THE STOCK EXCHANGE OF 業板（「創業板」）的特色 HONG KONG LIMITED (THE “STOCK EXCHANGE”) GEM has been positioned as a market designed to accommodate 創業板的定位，乃為相比起其他在聯交所上市的 companies to which a higher investment risk may be attached 公司帶有較高投資風險的公司提供一個上市的市 than other companies listed on the Stock Exchange. Prospective 場。有意投資的人士應了解投資於該等公司的潛 investors should be aware of the potential risks of investing in 在風險，並應經過審慎周詳的考慮後方可作出投 such companies and should make the decision to invest only 資決定。創業板的較高風險及其他特色表示創業 after due and careful consideration. The greater risk profile 板較適合專業及其他老練投資者。 and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors. Given the emerging nature of companies listed on GEM, there is 由於創業板上市公司新興的性質所然，在創業板 a risk that securities traded on GEM may be more susceptible to 買賣的證券可能會較於聯交所主板買賣之證券承 high market volatility than securities traded on the main board 受較大的市場波動風險，同時無法保證在創業板 of the Stock Exchange and no assurance is given that there will 買賣的證券會有高流通量的市場。 be a liquid market in the securities traded on GEM. Hong Kong Exchanges and Clearing Limited and the Stock Exchange take no responsibility for the contents of this report, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this report. This report, for which the directors of North Asia Strategic Holdings Limited (the “Direct