8 Chinese firms listed on German stock market in 2010

08:18, November 25, 2010      

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Eight Chinese businesses have launched on Deutsche B rse (German Board) this year, adding the total to 25, China Business News reported Wednesday.

The German Board consists of four parts: Prime Standard, General Standard, Entry Standard, and First Quotation Board.

Until now, four Chinese businesses were listed on Prime Standard, one on General Standard, five on Entry Standard, and 15 on First Quotation Board.

"The German Board can be a wise choice for those businesses having markets, suppliers, technologies, and partners in Germany or in Europe," the newspaper reported, citing Ruan Yuxing, vice-president of international affairs at the Deutschhe B rse Group.

"Adidas AG and SAP AG are German Board listed companies," Ruan said.

"This is only a beginning… Europe will be open-minded and embrace the opportunities in the Sino-Europe cooperation," said Norbert Walter, managing director of Walter &Daughters Consult and former chief economist at Deutsche Bank.

Source: China Daily


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