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Thread: NYSE opens its representative office in Beijing!!!
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[quote=KATRINA,245311]It is reported that CSRC (China Seucrities Regulatory Commission) has approved NYSE(New York Stock Exchange)'s application to open its representative office in Beijing. Before NYSE, only Hong Kong Stock Exchange set up its representative office in Beijing. Meanwhile, many Stock Exchanges from other nations also plan to set up their representative office in China. Some have submited their applications to CSRC. According to the report, the NYSE can only do non-operating activities including liaison,promotion and research and is required to submit reports to the CSRC on the work of its Beijing office as well as on the information of its listed Chinese firms and members. This reflects the positive result of the first strategic economic dialogue bewteen China and US.[/quote]
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