Taipei Times: Chinese firms are biggest source of growth for NASDAQ

0 Comments Published by claudia September 25th, 2006 in News, SOX, Asia Tags: , , , .

Chinese companies are the NASDAQ’s biggest source of new listings and don’t appear to be discouraged by stricter legal requirements, the US exchange’s international president said.

Chinese companies now account for 29 of about 3,300 companies listed on NASDAQ, said the president of NASDAQ International, Charlotte Crosswell, in an interview in Shanghai on Wednesday.

The exchange also lists 15 firms from Hong Kong, a Chinese special autonomous region, putting China third behind first-place Israel and second-place Canada in having the most non-US listings on the NASDAQ, Crosswell said.

Chinese firms are biggest source of growth for NASDAQ

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