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European financial institutions keen on China's capital market

By Zhou Lanxu | chinadaily.com.cn | Updated: 2024-05-24 17:44

File photo shows an exterior view of the Shanghai Stock Exchange at Pudong New Area in Shanghai, East China. [Photo/Xinhua]

European financial institutions have expressed their growing interest in China's capital market at roadshows of Chinese listed companies in Paris and London, which were part of the country's ongoing efforts to attract more long-term international investors.

From Wednesday to Thursday, the Shenzhen Stock Exchange and the Shanghai Stock Exchange jointly held roadshows in Paris and London, aimed at showcasing China's high-quality economic development prospects to international investors.

At the roadshows, executives of 16 SZSE and SSE-listed companies from industries such as bio-medicine, new energy and consumer electronics and presented detailed information about their companies' operations, investment value and future development plans. More than 300 investors from France, the United Kingdom and other European economies attended the events, communicating face-to-face with the listed companies.

French asset management company Amundi said the company is pleased to participate in the roadshow, which provides Amundi with valuable information about the Chinese market and its potential investment opportunities.

Financial services group Rothschild & Co said it regards the Chinese market as of significant strategic importance and full of broad development opportunities.

Having noticed the Chinese central government's commitment to its long-term development strategy, Rothschild & Co said its leadership is actively and thoroughly examining its investment strategy in China.

A British investment institution who sought anonymity said that through this roadshow, it gained a more comprehensive and in-depth understanding of China's economic development and expanded its contacts with Chinese companies. It will increase its research on Chinese companies to explore more high-quality investment targets.

Looking ahead, the SZSE said it will continue to strengthen the mutual connection between overseas investors and Shenzhen-listed companies, showcase the long-term investment value of Chinese enterprises and attract more overseas capital to promote the high-level opening-up of the capital market.

Chai Hua in Hong Kong contributed to this story.

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