First Foreign Exchange To Have Received Approval To Open
Representative Office in China
NYSE Launches Chinese Language Website Page
BEIJING--(BUSINESS WIRE)--Dec. 11, 2007--China's Vice Premier
Madame Wu Yi, U.S. Treasury Secretary Henry M. Paulson, Jr., China
Securities Regulatory Commission Vice Chairman Tu Guangshao, New York
City Mayor Michael R. Bloomberg, U.S. Ambassador to China Clark Randt,
and Beijing Vice Mayor Ji Lin today officially inaugurated the New
York Stock Exchange's Beijing office in an historic opening ceremony
hosted by NYSE Euronext CEO Duncan L. Niederauer. Joining these
officials during the opening ceremony in the Diaoyutai State
Guesthouse were the CEOs of NYSE-listed Chinese companies and invited
guests.
The NYSE, a subsidiary of NYSE Euronext (NYSE: NYX), on Sept. 4
became the first foreign exchange to obtain approval by the China
Securities Regulatory Commission (CSRC) to open a representative
office in Beijing.
"We are privileged to have an office in Beijing, which will serve
to provide on-the-ground support for our listed companies and
strengthen our presence in China," said Mr. Niederauer. "This is an
historic day for China and the United States, and the opening of our
Beijing office highlights the progress in the strategic economic
dialogue between our two countries. As a global economic powerhouse,
China will continue to develop its capital markets, and we will go
forward as partners making this journey together."
"The NYSE's historic Beijing office opening is good for Beijing
and New York City, as it will enhance the competitiveness of China,
the U.S. and the global capital markets," said Mr. Bloomberg. "Access
to global markets helps the free flow of capital that fuels growth,
creates jobs and opportunities, and facilitates strategic
partnerships. The NYSE's representative office in Beijing further
strengthens the China-U.S. relationship."
Coinciding with the office opening today, the NYSE launched a
Chinese audience page on its website dedicated to online readers in
Chinese, available by clicking on nyse.com/China. The Chinese language
audience page has sections for listed companies, with news releases,
investor information, CEO profiles, broadcasts of NYSE events, as well
as a listed company directory and information on the NYSE.
As part of today's official office opening celebrations, Mr.
Niederauer hosted a lunch and with senior officials, listed company
CEOs and other invited guests.
View listed companies from Mainland China.
View listed companies from Hong Kong.
View listed companies from Taiwan.
About NYSE Euronext
NYSE Euronext, a holding company created by the combination of
NYSE Group, Inc. and Euronext N.V., commenced trading on April 4,
2007. NYSE Euronext (NYSE Euronext: NYX) operates the world's largest
and most liquid exchange group and offers the most diverse array of
financial products and services. NYSE Euronext, which brings together
six cash equities exchanges in five countries and six derivatives
exchanges in six countries, is a world leader for listings, trading in
cash equities, equity and interest rate derivatives, bonds and the
distribution of market data. Representing a combined $30.3
trillion/EUR 21.3 trillion total market capitalization of listed
companies and average daily trading value of approximately $139
billion/EUR 103 billion (as of September 30, 2007), NYSE Euronext
seeks to provide the highest standards of market quality and
integrity, innovative products and services to investors, issuers, and
all users of its markets.
Cautionary Note Regarding Forward-Looking Statements
This press release may contain forward-looking statements,
including forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements include, but are not limited to, statements concerning NYSE
Euronext's plans, objectives, expectations and intentions and other
statements that are not historical or current facts. Forward-looking
statements are based on NYSE Euronext's current expectations and
involve risks and uncertainties that could cause actual results to
differ materially from those expressed or implied in such
forward-looking statements. Factors that could cause NYSE Euronext's
results to differ materially from current expectations include, but
are not limited to: NYSE Euronext's ability to implement its strategic
initiatives, economic, political and market conditions and
fluctuations, government and industry regulation, interest rate risk
and U.S. and global competition, and other factors detailed in NYSE
Euronext's reference document for 2006 ("document de reference") filed
with the French Autorite des Marches Financiers (Registered on June 6,
2007 under No. R.07-0089), 2006 Annual Report on Form 10-K, as
amended, and other periodic reports filed with the U.S. Securities and
Exchange Commission or the French Autorite des Marches Financiers. In
addition, these statements are based on a number of assumptions that
are subject to change. Accordingly, actual results may be materially
higher or lower than those projected. The inclusion of such
projections herein should not be regarded as a representation by NYSE
Euronext that the projections will prove to be correct. This press
release speaks only as of this date. NYSE Euronext disclaims any duty
to update the information herein.
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5565265
CONTACT: NYSE Euronext
Christiaan Brakman, 212-656-2094
cbrakman@nyse.com
SOURCE: NYSE Euronext