The Co-CEO Mr. Han CHEN (R) and executive board member Mr. Jianhong WU (L) rang the bell at the trading floor of the Frankfurt Stock Exchange and launched CEINEX, the new market place for RMB-denominated ETFs and bonds, in Frankfurt on 18 Nov 2015.
CEINEX, kicking off with cash market products, is a joint venture by Shanghai Stock Exchange, Deutsche Börse AG and China Financial Futures Exchange with the goal to bridging China’s capital market to the international investor community. It is the first centralized trading venue in Europe for RMB-denominated financial instruments.
The launch ceremony was attended by the Chinese Ambassador to Germany Mr. Mingde SHI, the Executive President of Shanghai Stock Exchange Mr. Hongyuan HUANG, and the CEO of Deutsche Börse Mr. Carsten Kengeter.
“The launch of CEINEX is a crucial step forward for the internationalization of RMB and a major breakthrough of the cooperation between China and Germany. The trading platform can bolster the real economy significantly.” Ambassador SHI said.