December 16, 2009

Market Cap of Chinese Stocks on NYSE Over $1 Trillion

The head of NYSE/EuroNext's Beijing office, Michael Yang, told Bloomerg News that up to 20 Chinese companies may IPO on the New York Stock Exchange in 2010.

Shares of Chinese companies performed well all year whether listed in New York, Hong Kong, Shanghai or elsewhere. There are currently 56 Chinese shares listed on the NYSE with a combined market capitalization of over $1 trillion (US dollars).....

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