Friday, September 24, 2010

Day 12, Sept 16 (Beijing)

China Beijing Equity Exchange
This morning, we went to China Beijing Equity Exchange.  We were so happy to have Mr Xiong Yan, Chairman of China Beijing Equity Exchange giving us a brief introduction on the operation of China Beijing Equity Exchange.

The operation in the Equity Exchange
China Beijing Equity Exchange (CBEX) was the leading equity transaction institution in China, providing the comprehensive information package needed to succeed in today’s Chinese financial market.  Currently, the ongoing globalized financial recession had caused numerous enterprises throughout the world to suffer from capital.  CBEX believed China would play a very important role during the recovery stages of the world’s economy, which gave an opportunity for the Chinese enterprises to participate in the context of economic globalization.  Meanwhile, Chinese government’s strategic internal-stimulate package and open policy had attracted on enormous volume of cross-border business opportunities for foreign investors. 

A meeting in China Beijing Equity Exchange 
Mr Yan emphasized the mission of CBEX was “Full Ranges of Assets Varieties Discovery.” The persistence of market-oriented policy, strength of data-based instrumentality and internationalism were the key to the success. 

CBEX provided the following services: policy consulting, information release, project recommendation, investment guidance, merger and acquisition planning, project financing, stock and asset management and authentication of equity exchange and promoting the asset restructure of enterprises with different ownerships, circulation of non-state-owned assets and bilateral merger and acquisition.        


A photo with Senior Management of Equity Exchange,
Dr Lin, & Dr Kim 
CBEX also tried to reduce administrative disposition in the market.  The effects of administrative disposition might devaluate assets, state-owned assets lost, or government credit crisis.  In addition, maintaining transparent equity market was also important. 

1.    Attract assignees on the largest extent.
2.     Cut off the special interests channel.
3.     Guarantee the public’s right to information.
4.     Protect of the party concerned.

In the afternoon, we went to one of the famous and well-known universities in Beijing – Beijing University. This campus was beautiful, quiet, and full of lively vegetation.  There was a lake called “no name yet”, giving the visitors a feeling of mysterious about this place.    
"No Name Yet" Lake

Beijing University
 At night, we went to see a shadow show at a traditional Chinese tea house.  This was not only a shadow show, but also a music show.  There were 4 girls playing the popular western music using traditional Chinese music instruments.  All of us expected the show last for the whole dinner.  However, the performance ended after playing a few songs and one shadow show.  It made us quite disappointed.


Shadow Show



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