The Bank of East Asia (China) Limited (BEA China) plans to be
the first foreign venture listed in A-share market and has formed a
special team to prepare the listing, revealed Chan Kay-cheung, vice
chairman of the board, during the opening ceremony of the BEA
China's Nanjing branch on December 27. The bank is now still
waiting for all relevant official regulations to come out, Mr. Chan
added.
During the Third China-US Strategic Economic Dialogue held
earlier this month, an important agreement was reached that allowed
qualified foreign-funded investment companies to issue
RMB-dominated shares.???
For more details, please read the full story in Chinese. (
http://www.dfdaily.com/node2/node27/node121/userobject1ai49034.shtml)
(China.org.cn December 28, 2007)
