Tokyo Stock Exchange (TSE) opened a representative office in the central business district of Beijing, China on January 18 – the same day the London Stock Exchange formally opened its representative office in Beijing.
This is the fourth foreign representative office TSE has opened, and joins the exchange’s offices in New York, London, and Singapore.
The TSE has forged memoranda of understanding with stock exchanges in Shanghai and Shenzhen, and has since maintained close relations with both bourses through activities such as personnel and information exchanges. TSE says the Beijing office will now act as a focal point for such activities, and will enable even more proactive TSE efforts in China in the future. Through this office, TSE says it is committed to the further development of mutual understanding and exchange between capital markets in China and Japan.
In addition to collecting information and conducting research on the Chinese market, TSE says the Beijing office will provide information on the Tokyo market as a place for Chinese enterprises to raise funds, and will conduct local support activities for Chinese companies listed on the TSE. The office will also have a public relations function, promoting Chinese investment in Japan.
The London Stock Exchange’s representative office was set up to build on the exchange’s position as a listing venue for Chinese companies. Some 68 Chinese companies are listed in London – six on the main market and 62 on the Alternative Investment market.
Nancy Jiang, the exchange’s chief representative in China, will head the new office. The office is located in the Winland International Finance Centre in Beijing’s financial district, and is the exchange’s second representative office in the Asia Pacific region after Hong Kong.