BUSINESS

NYSE Opens Beijing Office

03/28/2008 02:45 am ET | Updated May 25, 2011

The New York Stock Exchange formally opened a Beijing office on Tuesday in the hope of luring more of China's rapidly growing companies to list on the world's largest bourse.

The move comes a week after NYSE rival Nasdaq opened its own representative office here amid growing foreign interest in the market strength of Chinese firms.

NYSE officials said 36 mainland Chinese firms now list their shares on the exchange.

Read more on AFP

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