The first Chinese company has been listed on the Warsaw Stock Exchange’s (WSE) main market.
Peixin International Group, which specialises on the manufacturing of daily-use hygiene products, is the 46th foreign issuer listed on the Warsaw main market and the fourth foreign company to introduce its shares on the main market this year.
“The new listing of Peixin comes as a result of the consistently and increasingly boldly pursued strategy of internationalisation of the Polish capital market and the exchange itself,” said Adam Maciejewski, president of the management board at WSE.
“The common goal of the exchange and other participants of the Polish capital market is to make the market increasingly attractive both locally and internationally.”
WSE will be the single listing market of shares of Peixin. The value of the public offering of the Chinese company was PLN 16 million (€3.8m).
The latest listing brings WSE’s list of foreign companies to 55, nine of which are on the NewConnect market. The biggest number of foreign companies comes from Ukraine, the Czech Republic, Lithuania, and Israel.
The WSE isn’t the only European exchange attracting foreign listings. BTG Pactual, one of the largest independent investment banks based in Brazil, listed on NYSE Euronext Amsterdam today.
BTG Pactual operates as an investment bank, asset manager and wealth manager in Latin America.