China likely to allow companies to issue shares in Frankfurt this year: bourse

Shanghai

CHINESE companies are likely to be allowed to sell their shares in Germany via issuing so-called "D shares" as soon as this year, in a move that will help them raise their profile in Europe, the Shanghai Stock Exchange (SSE) said.

The plan to launch D shares - Frankfurt-traded shares sold by China-registered firms - is being studied by the Frankfurt-based China Europe International Exchange AG (Ceinex), which was set up jointly by the SSE, D…