www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

Chinese companies may list renminbi shares on Frankfurt bourse in 2016

(Agencies) Updated: 2015-12-09 07:37

Chinese companies may list renminbi shares on Frankfurt bourse in 2016

Benefits of transactions in yuan are publicized at an international financial exhibition in Wuhan, Hubei province. [Photo/China Daily]

Chinese firms may be able to list yuan-denominated shares in Frankfurt next year, allowing industry giants such as SAIC Motor Corp to access European investors. The move would further open China's economy to international markets.

The so-called D shares would list on China Europe International Exchange, or CEINEX, a joint venture between Deutsche Boerse AG and two Chinese exchanges that went live last month, according to the German exchange operator. The platform has traded an average of 18.3 million yuan ($2.8 million) a day since it opened on Nov 18.

Trading on new exchanges and in new products starts slowly, and some instruments never catch on with traders. Right now, CEINEX only hosts exchange-traded funds and bonds. The platform plans to add more products next year, including single stocks such as depository receipts and possibly derivatives.

While big Western exchanges in New York and London already list Chinese companies, CEINEX is offering something different: shares denominated in yuan. The opportunity for firms to raise cash in Europe in their own currency instead of pounds or euros shows how China is seeking a more important role in global finance for yuan (also known as renminbi).

Some Chinese mainland firms already have listings in Hong Kong. They call the securities, which are priced in Hong Kong dollars, H-shares. Hong Kong Exchanges & Clearing Ltd started hosting mainland firms on its market more than 20 years ago. The idea was to enable mainland companies to raise capital in a convertible currency.

For Deutsche Boerse, Asia is a focus for its new chief executive, Carsten Kengeter, who worked in Hong Kong for part of his career at Goldman Sachs Group Inc.

The Frankfurt-based exchange has a second joint venture-for interest-rate and currency trading-in the works with the People's Bank of China. That market may launch next year.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美另类视频一区二区三区 | 欧美一级在线看 | www.亚色 | 91av手机在线 | 久久99精品视频在线在线观看 | 国产日b视频 | 毛片在线视频观看 | 中文字幕中文字幕中中文 | 精品一区二区三区免费视频 | 国产成人做受免费视频 | 亚洲人欧洲日韩 | 美女毛片在线观看 | 一级一级 a爱片免费视频 | 欧美japanese孕交 | 亚洲视频 欧美视频 | 日本一级特黄a大片在线 | japanese日本舒服丰满 | 免费国产成人高清在线观看视频 | 香蕉久久a毛片 | 国产乱子伦片免费观看中字 | 美国一级片免费 | 美女视频网站免费播放视 | 免费看一级欧美毛片 | 国产a级特黄的片子视频免费 | 久久黄色网址 | 欧美成人精品第一区 | 亚洲欧美日本综合一区二区三区 | 福利视频99 | 国产国语高清在线视频二区 | 国产女人伦码一区二区三区不卡 | 中文字幕日韩在线 | 国产成人精品s8p视频 | 亚洲日本激情 | 欧美成人四级hd版 | 久久九九精品视频 | 鲁大师成人精品视频 | 中国女人18xnxx视频 | 亚洲精品二区 | 欧美三级做爰全过程 | 日本欧美做爰全免费的视频 | 久久国产热视频 |