CEINEX to help domestic firms raise funds in Europe

Frankfurt-based China Europe International Exchange announced on Monday that it will launch a new share market in 2018 to help Chinese companies raise funds for expansion in Europe and economies involved in the China-proposed Belt and Road Initiative.

The so-called D-share market will help blue chip Chinese smart and advanced manufacturing companies raise funds from European investors and strengthen their visibility and branding in Europe by raising investor awareness.

The funds raised by Chinese companies from their Frankfurt listings can then be directly used for their overseas expansion and acquisition activities. Their fast overseas expansion plans are also expected to generate attractive returns for European investors.