Roth Capital Partners opens office in Shanghai

Roth Capital Partners, LLC announced in a press release that they have received approval to establish a representative office in Shanghai from the China Securities Regulatory Commission.  Gordon McBean, CFA and Director of Research at ROTH, is the company’s appointed Chief Representative for the Shanghai office. “Our new office in Shanghai allows us to provide an even greater level of service to our institutional client base, whose interest in China is growing at a rapid pace,” said Byron Roth, Chairman and CEO of ROTH. “We want to be their source for research on small- and micro-cap Chinese companies.” As part of its China initiative, ROTH conducted a second annual “China Discovery Tour” May 14-20, 2007, during which institutional investors visited with and heard management presentations from 40 companies in five cities, including Beijing, Shanghai, Shenzhen, Hong Kong and Macau. In the past two years, ROTH has raised capital for seven Chinese companies and expects that number to grow significantly. “This is a very important step for our China efforts,” said Donald Straszheim, Vice Chairman at ROTH. “The Shanghai office will allow us to more effectively research the small- and micro-cap companies in China. ROTH currently writes research on 13 China-based companies and intends to ramp that number up significantly over the coming months.  Roth Capital Partners is headquartered in Newport Beach, California.