Frankfurt, June 12, 2017 – Bloomberg brought its International China investor roadshow themed “China: Navigate the New Silk Road” to Frankfurt today, in partnership with China Europe International Exchange (CEINEX). The event, just two weeks following Chinese Premier Li Keqiang’s visit to Germany, convened top Chinese and international market participants and financial institutions to discuss the opportunities and challenges of investing in China.
China and Germany have enjoyed solid and stable relations in trade and investment, with trade volume between the two countries reaching 170 billion euros last year, making China Germany’s largest trading partner. Over the last three years, China has been Germany’s largest foreign direct investor, while Germany was among the first to pledge support for China’s Belt and Road Initiative, and to join the Asian Infrastructure Investment Bank (AIIB).
Hubertus Väth, Managing Director of Frankfurt Main Finance e.V. delivered a keynote speech on German-China economic and financial collaboration. “China and Germany have enjoyed two firsts together. President Xi Jinping and Angela Merkel were the first to agree on establishing a European RMB-Clearing hub. This was followed in 2015 by the opening of CEINEX, the first dedicated platform for China- and RMB-related investment products outside mainland China,” said Väth.
“As the first dedicated trading venue for China- and RMB-related financial tools in international markets, CEINEX is a great example for the mutual opening up of capital markets between China and Europe, bridging the markets by creating new trading opportunities,” said Chen Han, Co-CEO of CEINEX. “Moreover, CEINEX is an integral part of the financial connectivity of the Belt & Road Initiative. Market participants from the financial industry as well as the real economy get the opportunity to finance and participate in these infrastructure projects, which will increase global trade and further push the world economy ahead.
“We are pleased to partner with CEINEX to organize this event for key financial market players in Germany, so they can better understand the market opportunities that China’s Belt & Road initiative presents,” said Ee Chuan Ng, Head of Bloomberg China. “Bloomberg is committed to connecting international investors to China’s vast capital markets and Chinese companies to global markets.”
Shen Shisheng, deputy head of Financial Department at ICBC and Chen Han, Co-CEO of CEINEX, discussed the development and opportunities of China’s fixed income and equity markets respectively in their presentations. Speakers from China AMC, Commerz Funds Solutions, Hefeng Family Office, ICBC, State Street, CEINEX and Bloomberg participated in subsequent panel discussions.
The Frankfurt event is a key stop in Bloomberg “China: Navigate the New Silk Road” investor roadshow in 2017. Covering over 10 cities worldwide this year, the roadshow kicked off in Geneva in March and will go to London on June 15.
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About China Europe International Exchange AG (CEINEX)
Based in Frankfurt am Main, Germany, CEINEX is a joint venture established by Shanghai Stock Exchange, Deutsche Börse Group and China Financial Futures Exchange. As the first platform for China- and RMB-related products in the offshore market, it acts as a unique bridge between the Chinese and international financial markets. CEINEX is dedicated to provide reliable offshore RMB- and China-related financial tools to investors, so as to promote RMB internationalization.
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