This report, for which the directors ( Directors ) of Xteam Software International Limited (the Company ) collectively and individually accept responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of the Stock Exchange (the GEM Listing Rules ) for the purpose of giving information with regard to the Company. The Stock Exchange takes no responsibility of the contents of this report, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss however arising from or in reliance upon the whole or any part of the contents of this report. Accordingly, prospective investors should note that they need to have access to the GEM website in order to obtain up-to-date information on GEM-listed issuers. Listed companies are not generally required to issue paid announcements in gazetted newspapers. The principal means of information dissemination on GEM is publication on the internet website operated by the Stock Exchange. Given the emerging nature of companies listed on GEM, there is a risk that securities traded on GEM may be more susceptible to high market volatility than securities traded on the Main Board and no assurance is given that there will be a liquid market in the securities traded on GEM.
Xteam international professional#
The greater risk profile and other characteristics of GEM mean that it is a market more suited to professional and other sophisticated investors. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration. Furthermore, there may be risks arising out of the emerging nature of companies listed on GEM and the business sectors or countries in which the companies operate.
In particular, companies may list on GEM with neither a track record of profitability nor any obligation to forecast future profitability. 1 !"#$%&'() (incorporated in the Cayman Islands with limited liability) QUARTERLY RESULTS REPORT FOR THE NINE MONTHS ENDED 31ST DECEMBER, 2001Ģ CHARACTERISTICS OF THE GROWTH ENTERPRISE MARKET ( GEM ) OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE STOCK EXCHANGE ) GEM has been established as a market designed to accommodate companies to which a high investment risk may be attached.
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