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Article: NEW YORK STOCK EXCHANGE SEEKS CHINESE LISTINGS.
- Article from:
- AsiaPulse News
- Article date:
- November 30, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Nov 30 Asia Pulse - The head of the New York Stock Exchange (NYSE) confirmed the bourse will be setting up an office in Beijing as it tries to draw more entrepreneurial companies from China to list in New York.
John Thain, chief executive officer of the NYSE group, also said he was keen to find ways of working with the Shanghai Stock Exchange, such as helping Chinese companies launch dual listings in Shanghai and New York.
Thain made the comments during a speech to business leaders and students in Shanghai on Tuesday.
Thain confirmed reports that the NYSE is planning to open an office in Beijing in a bid to get more Chinese firms to ...