Listing Of Chinese Enterprises In Frankfurt

The latest research report of the Qing research center points out that Chinese enterprises are listed in Europe. Heating up In the first 7 months of this year, a total of 4 Chinese enterprises went to the advanced market of Frankfurt stock exchange in Germany, and the number of shares listed was equal to the sum of the past 4 years.

As an important international financial center besides New York and London, Frankfurt is one of the largest capital markets in the world. The Frankfurt stock exchange has a sound regulatory mechanism, transparent trading processes, and a market maker system with good liquidity. It helps enterprises expand the international market, especially in the European market. However, the listing of Chinese companies to Germany has been a long way off, far inferior to that of Hongkong's main board and the US market, and even to the Korean market and the Singapore market. By the end of July this year, a total of 8 Chinese enterprises were in the advanced market of the German exchange. list Of which 4 have been listed this year, and the pace of Chinese enterprises going to Germany is gradually accelerating.

The report points out that Frankfurt Negotiable securities The attractiveness of the exchanges is gradually emerging. The regulatory authorities of the Frankfurt stock exchange require the prospectus to be in English. Only some of the key elements need to be written in German and English at the same time. In addition, the listing costs and post market maintenance costs of the Frankfurt stock exchange are lower than that of the US market. Taking the annual fee as an example, the minimum annual fee of the NYSE is $38000, which is much more than that of the Frankfurt stock exchange's advanced market of 10000 euros.