Haier mulls D-share listing in Germany

          Source: Xinhua| 2018-02-11 14:29:13|Editor: Yurou
          Video PlayerClose

          BEIJING, Feb. 11 (Xinhua) -- Chinese home appliance giant Haier said that it is currently studying the feasibilities of D-share listing in the German market, but a decision is yet to be made.

          Responding to a media report that Haier will be the first Chinese company to issue D-shares in Germany, the Qingdao-based company said in a filing to the Shanghai Stock Exchange (SSE) that it has not hired any professional institute for the listing, and no internal decision has been made.

          D-shares refer to shares issued by Chinese companies to be traded on the Frankfurt-based China Europe International Exchange (CEINEX), an off-shore yuan-denominated assets trading center established in 2015 by the SSE, German Borse Group, and the China Financial Futures Exchange.

          Companies will need approval from both Chinese and German regulators to issue D-shares.

          Haier reported its fastest revenue and profit growth in recent years in 2017 due to steady domestic and overseas expansion. The company raked in 241.9 billion yuan (37.86 billion U.S. dollars) in revenue last year, up 20 percent year on year, while its profit surged 41 percent.

          Haier has 54 overseas factories and nine overseas R&D centers, manufacturing about 20 million products each year. Earnings from overseas markets accounted for about 40 percent of last year's total revenue and could grow to over 50 percent this year, according to the company.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001369669491
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  日韩精品在线第一页 | 日韩精品一区二区三区中文 | 午夜福利视频一区二区 | 在线精品亚洲一区二区 | 日本老熟女久久久久久久久 | 色花堂精品国产首页 |