The world's major stock exchanges are greeting Chinese firms with open arms. That was the message delivered by executives from four overseas bourses in the US, UK, Singapore and Hong Kong yesterday at the Summit of Securities Markets and Small Financing Innovation, which was held in Xiamen in East China's Fujian Province.
"We have long-term commitments to China," said Stuart Patterson, who heads the Asia-Pacific section of the US-based NASDAQ.
He said that the world's top bourse would provide the most efficient trading platform for Chinese companies. He also attempted to persuade companies in different sectors into listing with NASDAQ, using a set of figures to demonstrate that the board is not only home to high-tech firms.
"NASDAQ is not purely for tech," he said. "Only 28 per cent of the listed companies are technology-oriented."
