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|Wednesday, March 07, 2001, updated at 09:02(GMT+8)|
Taiwan's Financial Group Holds Investment Forum in ShanghaiThe Capital Group, Taiwan's first securities and financial enterprises approved to establish a representative office in China's mainland, held the "China in a leap in the 21st Century" Investment Forum in the Shanghai International Convention Center from March 5-7. This is the first specialized meeting held by Taiwan financial circles in a big city of China's mainland after the beginning of the new century, attended by enterprises across the Taiwan Straits.
Attending the opening ceremony were officials from the Taiwan Affairs Office of the State Council, the Association for Relations Across the Taiwan Straits (ARATS), Shanghai Taiwan Affairs Office, and China Securities Regulatory Commission (CSRC). And some other officials, including Liu Zhentao, vice-president of the ARATS, George T. W. Chen, Chairman&CEO of the Capital Group, Tu Guangshao, secretary-general of the CSRC, Zhu Congjiu, general manager of Shanghai Stock Exchange, and Zhang Ying, deputy general manager of Shenzhen Stock Exchange, made keynote speeches on topics concerned.
It is reported that the total market value of financial assets of the Capital Group has exceeded 400 billion New Taiwan Dollar. The Capital Securities Corporation, an affiliate of the Capital Group, was approved to establish a representative office in Shanghai by People's Bank of China in November 1997, setting a precedent for Taiwan's securities and financial institutions.
By PD Online Staff Member Huang Ying
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