Tiny Israel might not be #1 in non-U.S. Nasdaq listings for long
Posted on August 14, 2007 • By Deena Levenstein
Category: Business |
With 59 companies, Israel is currently the largest non-U.S. source of listings on the Nasdaq. This is followed by 56 companies from Canada and 47 from China. Now Nasdaq is setting up office in China in order to attract new companies from there. And it looks like approximately 23 Chinese companies are making preparations to join.
The Nasdaq (acronym for National Association of Securities Dealers Automated Quotations system) is the U.S. high-tech stock exchange. It trades, on average, more shares per day than any other U.S. stock market.
OK, I suppose it’s a worry that we may no longer be #1. But please allow me to put this into perspective for a moment:
Israeli population: 7,150,000
Canadian population: 33,390,141
Chinese population: 1,321,851,888
I’ll say no more (at least for now).
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