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As a serious snowstorm hitmost of southern China, someheart-warming news on the.capital markets came from theNational Work Conference on Securitiesand Futures Supervision held on Janu-ary 16th and 17th, According to ShangFulin, Chairman of the China Securi-ties Regulatory Commission (CSRC),securities regulators hope to open anew stock market in the first half of theyear aimed at high-growth enterprises.“The Growth Enterprise Board has achance to be launched after Chinas firsttwo sessions,” said Chen Siwei, Vice-Chairman of the Standing Committee ofthe National Peoples Congress (NPC)on January 19th, “Preparations for theGrowth Enterprise Board have beencompleted, and we are just waiting forthe go-ahead.”