London Stock Exchange Group hosts second annual conference in Beijing
24th November 2015
London Stock Exchange Group today held its second annual conference in Beijing. The event brings together leading Chinese companies, banks and advisors to discuss China’s investment outlook, equity and debt capital raising in the UK, Chinese companies’ experience in London and London’s role in facilitating the growing Chinese interest in green finance.
Dr Ma Jun, Chief Economist, People’s Bank of China gave the keynote address, discussing China’s green finance initiatives and the need for international fundraising to support these. Also speaking at the Forum was LI Zhenjiang, Executive Vice President, Agricultural Bank of China.
Nikhil Rathi, CEO, London Stock Exchange plc & Director of International Development, LSEG said:
“We are honoured to welcome Dr Ma Jun to speak at our IPO Forum. Today’s events and the high quality of speakers and attendees clearly demonstrate the growing strength of the links between China and London. We are committed to working together with local companies, financial institutions and regulators to build a vibrant international market in London for Chinese equity and debt funding as well as supporting China’s ambitious green finance agenda”
London Stock Exchange has a strong track record of supporting Chinese equity and debt issuance on its markets. 49 Chinese companies are quoted in London. In addition, there are 39 so-called dim sum bonds on London Stock Exchange’s markets, which have raised £2.2bn and 7 RQFII ETFs, including the first ETF in Europe denominated in RMB.
London Stock Exchange is also at the forefront of the new and fast growing demand for green investment products. This year it welcomed 24 green bonds to its markets, including those denominated in Renminbi and Rupees. In July, London Stock Exchange launched a range of dedicated ‘green bond’ segments on its fixed income market, offering issuers a flexible range of market models while benefiting from the international reach of London markets.