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: 国产成人午夜极速观看 | 欧美亚洲一区二区三区四 | 欧美性色生活片天天看99 | 日韩欧美成末人一区二区三区 | 国产日韩一区二区三区在线播放 | 国产欧美日韩一区二区三区 | 热re91久久精品国产91热 | 亚洲日本在线观看网址 | 日本一级特黄aa毛片免费观看 | 男人的天堂免费 | 手机在线观看精品国产片 | 一区二区三区四区在线播放 | 99re9精品视频在线 | 亚洲三级网站 | 亚洲国产精品免费观看 | 日韩一级| 欧美日本一区 | 久草久在线| 草草影院ccyy国产日本欧美 | 国产午夜精品理论片影院 | 国产美女拍拍拍在线观看 | 国产精品久久亚洲一区二区 | 黄色毛片三级 | 亚洲一区2区三区4区5区 | 日韩欧美高清在线 | 国产高清一级片 | 亚洲国产精品第一区二区三区 | 日韩精品视频免费在线观看 | 久久93精品国产91久久综合 | 国产精品99久久久久久人 | 久久99精品九九九久久婷婷 | 久久青草视频 | 国产亚洲精品2021自在线 | 国产欧美精品一区二区三区 | 国产香蕉98碰碰久久人人 | 国产日韩精品一区在线观看播放 | 成人黄色免费网址 | 欧美一级特毛片 | 爽爽爽爽爽爽a成人免费视频 | 成年人在线视频免费观看 | 国产麻豆交换夫妇 |