Zhongpin Inc. (ZHNP.OB), a leading meat and food processing company in the People’s Republic of China, announced that the company has been approved for listing on the Nasdaq Global Select Market.
Zhongpin plans to being trading on the Nasdaq Global Select Market on December 27, 2007. The NASD has specified that Zhongpin will begin trading under the symbol “HOGS’ tomorrow.
Xianfu Zhu, CEO, stated “We are extremely pleased to be approved to list our common stock on the Nasdaq Global Select Market. Having our common stock listed on the Nasdaq Global Select Market is an important part of our goal to increase our profile in the international markets as we help advance the modernization of China’s meat processing industry. We believe that our listing on the Nasdaq will increase our visibility and liquidity as well as expand our pool of investors.”
Let us hear your thoughts below: