SHENZHEN, Dec 18, 2008 (SinoCast Daily Business Beat via COMTEX) -- ChinaSoft International Co., Ltd., a leading software outsourcing service provider in China, said today that the Hong Kong Stock Exchange had given the green light to ChinaSoft International to transform from the growth enterprise market to the main board.
Stock of ChinaSoft International will end the last-day trading on December 24 and start trading on the main board as of December 29.
The company believes that the switch can boost up its popularity and increase the liquidity and the quantity of floating shares.
Lately ChinaSoft International called a halt to a big acquisition plan as a result of the financial crisis and the uncertainties of the prospect of China's software outsourcing industry.
ChinaSoft International was listed on the growth enterprise market in Hong Kong on June 20, 2003. Besides software outsourcing service, Chinasoft International is also dedicated to IT consulting, trainings, and so on. |