As the first issuer of the China Europe International Exchange D-share market, Qingdao Haier Co., Ltd. was officially listed and traded in Frankfurt, Germany on October 24. As Qingdao Haier successfully landed in the European capital market, the D-share market of CEIBS officially opened. China's offshore blue chip market in Europe has achieved zero breakthroughs.
Qingdao Haier D shares opened at 1.06 euros, higher than the issue price of 1.05 euros. Qingdao Haier successfully sold 340.75 million D shares to international investors, with a total raised capital of 278 million euros (about 2.12 billion yuan).
The listing of Qingdao Haier D-shares is an important milestone for the development of China-Europe. As an important achievement of the first Sino-German high-level financial dialogue in 2015, CEIBS clearly defined the development goal of strengthening the platform financing function at the beginning of the establishment of the operation. The purpose of the construction is to deepen financial cooperation, promote the integration of Sino-German advanced manufacturing, support the development of China-Europe's real economy, and promote the 'One Belt, One Road' financing.
Chen Hao, co-CEO of CEIBS, said: 'Qingdao Haier is a company with global vision and great dreams. As the first D-share company to eat crabs, it has explored a strategy to use the European capital market to promote the company's internationalization strategy. The new road to the ground. The first D-share issuance and listing has opened a new chapter for high-quality Chinese companies to land in the European capital market. It has also established a new platform for deepening cooperation for global financial intermediaries. Next, CEIBS will fully protect the D-share market. Start smoothly, consolidate the market foundation, do a good job in market construction, and provide better and better services for the development of China-EU financial cooperation and entity enterprises.
With the acceleration of the internationalization process of Chinese enterprises and the continuous improvement of the status of the global value chain, more high-quality enterprises have set their foothold in the internationalization strategy to Europe, and have also put forward all new requirements for supporting financial services. As part of the Frankfurt Stock Exchange's EU regulated market (advanced standards), CEIBS' D-share market is based in Europe and plays a pivotal role in providing support for Chinese companies to promote their internationalization strategy and enhance global brand awareness.
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