NYSE Euronext announced on Monday that its CEO, Duncan Niederauer, will host the official opening of the company’s representative office in Beijing, China on 11 December 2007.
Joining Niederauer for this ceremony will be senior Chinese and U.S. government officials, CEOs of several NYSE-listed Chinese companies, and other invited guests.
“It is an honour for the NYSE to be the first foreign exchange to have approval to open a representative office in Beijing, and we appreciate the opportunity to officially open our office in Beijing and to further strengthen our relationship with the People’s Republic of China and its business community,” says Niederauer, CEO, NYSE Euronext. “We especially want to thank the China Securities Regulatory Commission for its ongoing support, and the Chinese enterprises that we are privileged to list on the NYSE,” he continues.
On 4 September 2007, the NYSE was announced as the first foreign exchange to gain approval by the China Securities Regulatory Commission (CSRC) to open a representative office in Beijing. The new office will become the NYSE’s centre of operations for advancing the company’s brand and service to its listed companies in China.