NYSE Will Be The First Foreign Bourse To Set UP Representative Office in China
Wednesday, September 5th, 2007
On September 4, The China Securities Regulatory Commission approved NYSE’s ( New York Stock Exchange†) application for opening its representative office(RO) in Beijing, making NYSE the first foreign bourse to open a RO is China. The approval fulfills the pledge China made in US-China Strategic Economic Dialogue last December.
The measures for the Administration of Foreign Stock Exchanges’ Representative Office in China took effect on July 1, allowing overseas bourses which meet specific requirements to establish one RO in China.
 “The NYSE welcomes and  appreciates t he approval by the CSRC to open our Beijing office,†said John A. Thain, Chief Executive Officer, NYSE Euronext. “It is an honor for the NYSE to be the first foreign exchange to receive  approval under the new regulations. This is an historic event for our  company and  the  global cÂ
