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It has been confirmed from the financial ministry of Hessen thar Deutsche Boerse AG is scheduled to be signing an agreement to go into partnership with the Chinese town of Tianjin.
Alois Rhiel a finance minister of the Hessen government stated that Deutsche Boerse AG had the governments complete support with their partnership deal.
Representatives from Deutsche Boerse AG declined to comment about the partnership.
Earlier reports had stated that Tianjin Property Rights Exchange, which is a platform for state-run companies wishing to be privatized, was in a cooperative partnership with Deutsche Boerse.
It was reported sometime earlier this week that because of this move within the next few weeks several Chinese companies were going to be allowed to be listed on Frankfurt’s stock exchange.
13:17
Posted on Mar-18-2007
