Tuesday 16th October 2007

	Print
	Email
	Text size
	Comment

International presence boosts AIM

AIM now has more US companies on its index than ever before, with 23 floating in the past 12 months, pushing the total number to 92. Research by GrowthBusiness’ sister publication Growth Company Investor shows that Australia is the next highest on the list with 62 companies, followed by China (48), Canada (47) and the Republic or Ireland (44).

When companies from the Special Administrative Regions of Hong Kong and Macau are included, China actually has 58 companies on the junior market.

The reputation of companies hailing from or operating in China took quite a hit last year after concerns were raised about their quality, and many investors remain warier than ever. But the People’s Republic has produced a number of AIM successes and in the past year they have delivered a mean 25 per cent share price gain, with home shopping product buyer ResponzeTV and anti-cancer compound producer Taihua particularly dazzling.

Over the longer term, silicon wafer recycler ReneSola has received much attention. Its recent downgrade from over 600p to below 300p has left it trading at a more reasonable value again.

For the full report, email Danica Pasinis or call 0207 250 7039.

User Comments

There are currently no comments on this post.

Related Articles

• 2e2 in PE-backed bid for Netstore
• Tough times for small companies, says Unicorn
• Cash shells’ resources multiply
• IS announces Chapter26 deal
• August-TMN deal falls through

People who read this article also read ...

• Horse racing services company floats on AIM
• Sweet China in £4.3 million comeback
• Designcapital begins trading on AIM
• Independent travel investor in PLUS float
• Gold prospectors raise £84 million

Related sections

Interesting links

• Cash Shells on AIM provides a comprehensive overview of cash shells on AIM, companies that have become a significant feature on the AIM landscape.
• Middle East and Beyond on AIM 2008 - a closer look into AIM companies from the Middle East and surrounding regions
• VCT special research report - an in-depth analysis of the VCT sector
• The AIM Guide 2008 - the Spring guide of every AIM listed company
• Spotlight on AIM 2008 research report – find out the best and worst performing stocks of last year
• New Issues on AIM 2007/08 research report - find out which international companies have floated and which sectors are dominating
• MandAdeals.co.uk - covering latest mergers and acquisitions
• FT Guide to Personal Tax - advice to completing your tax return
• Director's Salaries on AIM 2007 research report - a detailed look at directors' average remuneration
• Businessxl magazine for entrepreneurs of fast-growth companies
• Aimguide.co.uk - guide to the Alternative Investment market