Germany Welcomes Chinese Enterprises To Finance Germany

Xinhua news agency, Frankfurt, November 10th special telegraph, 2008, the 10 day of the German capital forum was officially opened in Frankfurt Convention and Exhibition Center.

The forum has set up a China Forum and invited more than 20 enterprises from China to participate in the forum.

The German capital forum is jointly sponsored by Deutsche bourse and rejuvenation Credit Bank of Germany. It is held annually in spring and autumn.

The spring forum mainly provides financing platform for enterprises in the initial stage, while the autumn forum focuses on listed and upcoming enterprises, holding various investor and analyst meetings.

At the autumn forum this year, more than 210 German listed companies will announce the latest financial data, while holding more than 50 thematic seminars, symposiums and keynote speeches on enterprises financing, capital market regulations and industry development trends.

In addition to the main forum, the forum also provides a forum for China, Russia, India and Bulgaria to attract companies from emerging markets to German listing and financing.

Since 2006, the forum has been dedicated to China Forum for third years. This year, more than 20 enterprises from China attended the forum.

In addition to more than 10 Chinese companies listed in the German Stock Exchange, including China Germany environmental protection and Asian bamboo industries, will report on their business performance, the China Forum will focus on the listing and financing channels, listing requirements, liquidity requirements, financial reporting requirements, stock assessment methods and stock price structure of the German capital market, so as to attract Chinese enterprises to go to Germany.

Alexander von Preysing, head of China's Department of Deutsche stock exchange, told Xinhua: "listing in Germany is low cost, simple procedure and good liquidity. It is especially suitable for small and medium-sized enterprises to finance development.

The China Forum provides the best platform for Chinese enterprises to communicate with global investors, analysts and listed service providers, so that Chinese enterprises can be more confident to complete the listing in Germany.

Over the past year, more than 10 Chinese companies have been listed in Germany since Shandong workers became the first Chinese Listed Companies in Germany in March 2007.

At the end of this year, the Deutsche Beijing representative office will officially open to attract all kinds of Chinese enterprises to finance in Germany.