China is facing greater capital market opportunities

In the global financial turmoil has yet to subside, the New York Stock Exchange pan-European group, led by chief executive officer Duncan Nideaoer luxury Wall Street came to the Chinese team. In addition to China's financial and exchange high-ranking officials to deal with common financial crisis a "global solution", the New York Stock Exchange pan-European group will also work with Dalian Commodity Exchange and Zhengzhou Commodity Exchange signed a memorandum of cooperation.


In the global financial turmoil has yet to subside, the New York Stock Exchange pan-European group, led by chief executive officer Duncan Nideaoer luxury Wall Street came to the Chinese team.

In addition to China's financial and exchange high-ranking officials to deal with common financial crisis a "global solution", the New York Stock Exchange pan-European group will also work with Dalian Commodity Exchange and Zhengzhou Commodity Exchange signed a memorandum of cooperation. Nideaoer repeatedly told reporters, "This trip to China is of great symbolic significance: the New York Stock Exchange pan-European group has a real long-term view, China's capital market is faced with greater opportunities."

China to recruit two major futures exchanges

November 4, the New York Stock Exchange pan-European group with the Dalian Commodity Exchange signed a memorandum of cooperation to promote global business looking to expand. Nideaoer said, "the group will be co-operation as a success in China to participate in their own long-term part of."

Nideaoer said that China and will be happy to do some of the derivatives exchanges between the Union. And other Western countries, the development of China's derivatives market is indeed too late, but in China the opportunity to develop still more. New York Stock Exchange pan-European group will work with these exchanges to share valuable growth opportunities, and promote regional and global financial markets.

Nideaoer according to the itinerary, will also be a few days later in the week to Shanghai, Nanjing, Wuxi and Zhengzhou and other places to visit, the New York Stock Exchange pan-European group will also work with the Zhengzhou Commodity Exchange signed a similar memorandum of cooperation.

A time to visit the New York Stock Exchange shares undecided

Prior to this, Nideaoer have openly expressed the hope that the New York Stock Exchange is the first in the A shares listed on overseas exchanges, and are willing to do its utmost to cooperate with the government to achieve this.

"We are on the Chinese A-share listed in the schedule has not yet been determined, but we have some of the Chinese authorities to start discussions, such as the China Securities Regulatory Commission. In addition, we have to Deputy Prime Minister Wang Qishan once again reiterate that we are committed in China The long-term development. "

It is reported that the China Securities Regulatory Commission to take into account the New York Stock Exchange pan-European group of the New York Stock Exchange market value, stability, performance and market regulation, intended to open the door to the New York Stock Exchange, making it the first company to issue A shares in China's foreign-funded enterprises.

Nideaoer believe that the Chinese market reflects the New York Stock Exchange on a long-term commitment to China, "We want to be China attaches great importance to the partner in the territory will be reflected in our listing of such determination and sincerity. We are, of course, the Partnership is far more than just listed, there are a lot of other content. "

In 2009 the global market, or there will be a chance

"The financial crisis, I feel the most shocking is that the transmission pace of the crisis very soon. A few months ago we were immersed in the joy of the Beijing Olympic Games, at the beginning of this year have occurred several times of crisis, when no one Be sure that the development of the crisis in the end was so serious. Since Sept. 1 have taken place since the beginning of a series of events are unprecedented. "Nideaoer said.

For such a financial crisis, it is best to have a global solution. If an individual country to do something it will be difficult to implement, but also difficult to have any effect. Can at least some form of regional cooperation in the re-formed on the basis of global cooperation.

It is learned that in the New York Stock Exchange-listed from the Greater China region, the company has 50 to 60, its total market value has reached over 10,000 million. New York Stock Exchange for the pan-European group of potential customers in China, Nideaoer frankly, "We are now the suggestion is that unless very necessary, must now go to capital markets to raise funds, or proposals or wait a little longer period of time, wait until the The market more stable, back to the fundamentals of the market when more appropriate. "

Nideaoer said that according to history to judge the situation, often in the real economy before the resumption of the three to six months, the stock market will advance signs of recovery. Therefore, if the stock market in 2009 has a number of opportunities, then we will consider that the financial crisis, the worst is over, the real economy to resume in the near future will be to come.

He stressed that capital markets are always ups and downs, there is always a lot of turmoil, so use a long-term perspective to look at it.