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NYSE Looks to China for More Business

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NYSE Looks to China for More Business

NYSE Looks to China for More Business

NYSE Looks to China for More Business

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The head of the New York Stock Exchange will be in China this week. Chief Executive John Thain hopes to come home with more listings. The exchange currently trades shares of only 31 companies from China, Hong Kong and Taiwan.

Thain also says that at some point, the NYSE will want a position in the Chinese market.

The exchange is currently waiting for regulatory approval to combine with the Paris-based Euronext exchange.