Having received the approval from the China Securities Regulatory Commission (CSRC) Deutsche Brse opens representative office in Beijing to serve as securities provider for a growing number of Chinese companies. Jianhong Wu will be the Chief Representative Officer.
Currently, 13 Chinese companies decided for a primary listing at the Frankfurt Stock Exchange.
Deutsche Brse has established close relationships with a number of key institutions in China over the past few years. Since 2004, the company cooperates with the Shanghai Stock Exchange and since 2008 with the Shenzhen Stock Exchange. Among other activities, Deutsche Brse organises road shows and IPO conferences with the aim of promoting stock exchange listings for domestic Chinese companies.
We want to be an excellent partner for the Chinese market and further strengthen our already very good relationship with Chinese authorities and capital market institutions, says Frank Gerstenschlger, member of Deutsche Brse Executive Board responsible for the cash market.
We are delighted to have the privilege to work together with Chinese companies in accessing equity capital in the European Union.”
L.D.