Finance-minded Chinese firms eye 'unexploited gold mine'

As China opens the door to its capital market wider to attract foreign capital, Chinese companies are also sensing greater freedom to go abroad and raise funds from overseas investors.

Appliance maker Qingdao Haier Co is set to become the first Chinese company to list its shares on the Frankfurt, Germany-based China Europe International Exchange or CEIE.

Sometime this year, it will make its initial public offering or IPO known as the D-share listing ('D' stands for Deutschland, or Germany).