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CICC to help overseas firms enter China market

03-04-2011 17:09 BJT

China International Capital Corp (CICC), China's largest joint-venture investment bank, is in talks with a few overseas companies planning to list shares on the A-share market, Li Jiange, CICC's president told China Daily on Friday.

"We have already started working with them on the issue of selling shares on the Chinese market," he said. "The foreign companies are very much interested in listing on the Chinese market as it will help boost their exposure in the market."

Li, who is a member of the Chinese People's Political Consultative Conference (CPPCC), has proposed accelerating the process of launching the so-called international board, which would allow overseas companies to raise capital in the Chinese market and help widen the investment channels for domestic investors.

Editor:Xiong Qu |Source: China Daily

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