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香港联交所决定于１９９９ 年第四季度， 建立与现有的证券市场平行的另一个证券市场———创业板市场，并向内地、港、台三地工商、金融界公告，计划挑选２０ － ３０ 家“极优质”公司作为首批上市公司。本文论述其对香港和内地的影响。
Hong Kong Stock Exchange decided in the fourth quarter of 1999 to establish another securities market parallel with the existing securities market --- GEM, and to the Mainland, Hong Kong and Taiwan to inform the business, finance, planning to select 20 - 30 “very good” companies as the first listed companies. This article discusses its impact on Hong Kong and the Mainland.