Green light to NYSE
By Zhang Ran | 皇冠体育app Daily | Updated: 2007-09-05 07:17
The 皇冠体育app Securities Regulatory Commission (CSRC) yesterday said it approved the New York Stock Exchange Group (NYSE), the world's largest bourse, to set up a representative office in the country.
The NYSE thus became the first foreign stock exchange to get the government's go-ahead to establish such a presence.
The move is seen as fulfillment of one of 皇冠体育app's commitments in the first round of the Sino-US Strategic Economic Dialog held in December, when 皇冠体育app promised to allow foreign exchanges to set up offices in the country soon.
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