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TSX Group delegation returning to China to seek new listings

Published by MAC on 2006-06-15

TSX Group delegation returning to China to seek new listings

15th June 2006

CBS News online

TORONTO (CP) - TSX Group (TSX:X) is dispatching another delegation to China, seeking to raise the profile of Canada's capital markets and lure new listings to the Toronto Stock Exchange and the TSX Venture Exchange.

The TSX Group's last trip to China was in November, attending the China Mining Show.

The latest trip, to Beijing, Shenyang and Dalian, "will showcase the strengths of Canada's capital markets among Chinese companies and will meet with Chinese advisers and intermediaries who help service Chinese companies seeking access to Canadian capital markets," TSX Group said Thursday in a release.

Kevan Cowan, senior vice-president of business development with the Toronto Stock Exchange, said Canada provides a better platform than the United States for Chinese companies, offering a senior exchange strong in sectors like mining and other resources, as well as an established junior for companies raising smaller financings.

TSX Group plans to return to China later this year to advance its business development strategy.

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