The New York Stock Exchange, the world's largest bourse, has joined Nasdaq in the hunt for more listings by Chinese companies, state media reported Friday.
"We expect a very good year in terms of Chinese companies coming to our market and will easily surpass last year's performance," said Noreen Culhane, executive vice-president of NYSE Group, according to the China Daily.
During a visit to China, Culhane had talks with more than 20 companies in Shanghai, Beijing and the eastern city of Nanjing and several have expressed an interest in listing on the New York bourse.
Robert Greifeld, the chief executive officer of Nasdaq, visited China earlier this week on a mission seen aimed at attracting more Chinese listings. So far 21 Chinese companies have listed on the New York stock exchange, the China Daily said.
"The performance of these Chinese companies in the US market has been extraordinary, both in terms of price appreciation and liquidity," Culhane said.
The average share price appreciation of the three Chinese companies that went for initial public offerings on New York stock exchange last year was 127 percent, the report said. The three firms were named as Trina Solar, New Oriental Education and Technology Group Inc, and Mindray Medical International, it added.
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