NYSE Euronext CEO Duncan L. Niederauer will host the official grand opening of the company’s representative office in Beijing on Dec. 11, 2007. On Sept. 4, the New York Stock Exchange was announced as the first foreign exchange to gain approval by the China Securities Regulatory Commission (CSRC) to open a representative office in Beijing. It will become the NYSE’s center of operations for advancing the company’s brand and service to its listed companies in China.

The New York Stock Exchange currently has 49 companies from Greater China, which includes 38 from Mainland China, 6 from Hong Kong and 5 Taiwanese companies. This year, 16 new companies from Greater China have listed on the NYSE, including 14 IPOs. As of Nov. 30, 2007, the total market capitalization of Mainland Chinese companies on the NYSE is $1.1 trillion and for greater China, $1.6 trillion.

NYSE Euronext, a holding company created by the combination of NYSE Group, Inc. and Euronext N.V., commenced trading on April 4, 2007. NYSE Euronext operates the world’s largest and most liquid exchange group and offers the most diverse array of financial products and services. NYSE Euronext, which brings together six cash equities exchanges in five countries and six derivatives exchanges in six countries, is a world leader for listings, trading in cash equities, equity and interest rate derivatives, bonds and the distribution of market data. Representing a combined $30.3 trillion/€21.3 trillion total market capitalization of listed companies and average daily trading value of approximately $139 billion/€103 billion (as of September 30, 2007), NYSE Euronext seeks to provide the highest standards of market quality and integrity, innovative products and services to investors, issuers, and all users of its markets. (NYSE Euronext)

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