TSX Group is heading back to China this month. Richard Nadeau, Senior Vice President of Toronto Stock Exchange, will lead this latest trip to China, from March 27-April 5, 2007. Mr. Nadeau will hold a series of meetings across Hong Kong and China with the aim of raising awareness of Canada’s capital markets and attracting international listings.
This trip, which will focus on Hong Kong, Shanghai and Beijing, will build on the visit last November that showcased the strengths of Canada’s capital markets among Chinese companies. On the agenda will be meetings with potential issuers, government officials, and Chinese advisors and intermediaries who help service Chinese companies seeking access to Canadian capital markets.
Mr. Nadeau will be meeting with the Shanghai Stock Exchange, the Shanghai Equity Exchange and the Hong Kong Stock Exchange to explore ways of working closer together. TSX is also working alongside the Canadian Embassy and Consulate in Hong Kong and Shenzhen. The Canadian government is helping to coordinate many of the meetings and ensuring TSX Group is meeting with appropriate stakeholders.
This trip is part of TSX Group’s ongoing strategy to develop an international business development platform in China. TSX Group is able to leverage its strong position in key sectors like mining, energy and small and medium sized enterprises to provide key markets for issuers in these sectors.
“We see the importance of this region to our international strategy and these events help us reach potential listing candidates,” said Mr. Nadeau. "We plan to look at ways to establish a permanent presence in China as we believe this would provide us with many positive outcomes and enhance our credibility in that region."
