China likely to allow companies to issue shares in Frankfurt this year: bourse
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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, Deutsche Borse AG and China Financial Futures Exchange in 2015.
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