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NYSE highlights Chinese companies in Olympic season

(Xinhua)
Updated: 2008-08-09 14:47

The New York Stock Exchange (NYSE) launched a special showcase of Chinese companies Friday as the 2008 Summer Olympics began in Beijing.

The program, titled "Doing Business in China," aggregates all Chinese NYSE listings and features a different Chinese company every day.

Video exclusives of the two recent Chinese IPOs, as well as select content provided by Consumer News and Business Channel (CNBC) will be published over the next several weeks.

The entire section will be promoted on both the nyse.com homepage and the English version of the China audience page.

The Summer Olympics in Beijing presents a great opportunity to showcase some of China's achievements in business and other areas, the NYSE said in a statement.

The program, in honor of the 2008 Summer Olympics, aims to offer customers a way to celebrate the great event with the international community, it said.

NYSE Euronext CEO Duncan Niederauer told Xinhua that it is terrific China has managed a high single-digit growth.

Currently, there are 57 Chinese companies listed with NYSE besides two recent IPOs, and another Hong Kong company has just announced its decision to list with NYSE as well. "We are very excited about the opportunities," said Niederauer.

Niederauer also sent his personal wishes to Chinese people. "We have never seen a country so proud to host the Olympics and have put so much effort in hosting the Olympics," and people would expect "nothing but the best Olympics ever for the next two weeks, " said Niederauer.