The New York Stock Exchange today received approval from the China Securities Regulatory Commission to open an office in Beijing, making the NYSE Euronext unit the first foreign exchange in China, said NYSE spokeswoman Stephanie Scotto. The office will be staffed in the coming weeks and will help promote the U.S. exchange’s listing services for Chinese companies, Ms. Scotto said.
The NYSE already has the most Chinese listings of any U.S. exchange, 40, with a market capitalization of $1 trillion.
