Mr,Liu Qi and Delegation of Beijing Municipality visit CBEX

Mr. Liu Qi, Secretary of Beijing Municipality, Member of the Political Bureau of CCCPC and His Delegation visit CBEX

　　On April 7, 2010, Mr. Liu Qi, the Secretary of Beijing Municipality, Member of the Political Bureau of CCCPC, and his delegation Mr. Guo Jinlong, Mayor of Beijing Municipality, Mr. Wang Anshun, Deputy Secretary of Beijing Municipality, Mr. Ji Lin, Executive Vice Mayor and other leaders visited CBEX.

　　Mr. Xiong Yan, Chairman of CBEX, Mr. Wu Ruchuan, President of CBEX and other top executives welcomed the delegation in CBEX. During the visit Mr. Liu Qi made high remarks towards every detailed introduction of CBEX’s strategic development, market-oriented innovation, and fast growth in terms of its scale and trading volume delivered by Mr. Xiong Yan.

　　Mr. Liu Qi has paid utmost attention on CBEX’s group-oriented development and especially inquired the development status of China Forestry Exchange (CFEX), Mr. Liang Yu, Chairman of CFEX briefly introduced CFEX as China only nationwide forestry assets transaction institution and its business modal as well as current development.

　　CBEX invented online bidding system has attracted the entire delegation, Mr. Liu Qi gave high appraisal of CBEX’s leading market-oriented innovation and the dynamic novel trading system with its great significance.

　　During the visit, Mr. Liu Qi made high praise of CBEX fast development and wished CBEX would make more significant contributions in Beijing factor market systematic construction with its unique advantages and innovative motivations.

CBEX allied with Agriculture Bank of China

On January 26, 2010, China Beijing Equity Exchange (CBEX) signed a comprehensive strategic cooperation agreement with Agriculture Bank of China at the headquarters of ABC. Mr. Cai Huaxiang, Vice President of ABC, Mr. Yin Yi, General Manager of Asset disposal division, Mr.Wang Xingchun, General Manager of Legal Department, Mr. Yuan Mingnan, General Manager of institutional business division, Mr. Xiaobin, Deputy General Manager of corporate business division, Mr. Zhang Rujun, Deputy General Manager of ABC Beijing Branch, Mr. Yang Gaoming, Deputy General Manager of asset disposal division and the delegation of CBEX including Mr. Xiong Yan, Chairman of CBEX, Mr. Wu Ruchuan, President of CBEX, Mr. Wang Naixiang, the Business Director and others attended the signing ceremony.

Mr. Cai Huaxiang, the Vice President of ABC said that ABC was working with CBEX only in asset disposal area specifically before. As the cooperation moving forward, both sides realize they should further the cooperation into non-performing assets disposal, settlement services, M&A financing, financial consultancy services, personal finance and other arenas. Especially those non-performing assets have already been stripped off from ABC could be transferred by utilizing the CBEX platform to maximize the value of those assets by all the means like public promotion, investment attraction and listings, etc.

The ‘china financial assets supermarket’ operated by CBEX is founded on August 8, 2003. Their cooperation with China Great Wall Asset Management Corporation, China Huarong Asset Management Corporation, China Orient Asset Management Corporation and China Cinda Asset Management Corporation has successfully cultivated and developed a group of professional investor groups specialized in financial asset transactions. By the end of 2009, over 330 billion transactions including all kinds of financial asset have been done through this platform. With higher successful rate than nationwide average performance, it now becomes the biggest financial asset disposal platform.

The signing of strategic cooperation agreement between ABC and CBEX to promote public disposal of non-performing asset will definitely attract numerous attentions from investors and be helpful to enhance the value and the return of those non-performing assets. This collaboration also will further consolidate bilateral relation to utilize complementary strengths and provide higher quality financial service to the society, which will be a mutual beneficial and win-win situation for both sides.

Source: CBEX

CBEX Inked Cooperation Agreement with CDB

BEIJING, Dec 25, 2009 (SinoCast Daily Business Beat via COMTEX) -- CHXDF | Quote | Chart | News |PowerRating -- China Development Bank (CDB) inked an overall strategic cooperation agreement with China Beijing Equity Exchange (CBEX) on December 23, 2009.

As an important force in medium- and long-term investment and financial fields, CDB devotes itself to supporting the nation's infrastructure construction and the development of basic & pillar industries.

Gao Jian, vice governor of CDB, said that the bank would join hands with CBEX on loans for mergers and acquisitions (M&A),

In the past one to two years, CBEX was engaged in boosting the development of China's M&A loans. At the beginning of 2009, Beijing Capital Co., Ltd. (SHSE: 600008) signed a loan agreement with Industrial and Commercial Bank of China (ICBC; SHSE: 601398; SEHK: 1398) Beijing branch and CBEX.

Thanks to the warming up economy, M&A loans will seek robust growths in 2010, forecasted industry insiders, adding that equity exchange bourses will play important roles.

So far, CBEX has cooperate with 13 financial institutions, such as Bank of Beijing Co., Ltd. (SHSE: 601169), Shanghai Pudong Development Bank Co., Ltd. (SHSE: 600000), and Hua Xia Bank Co., Ltd. (SHSE: 600015), on M&A loans.

Source: dycj.ynet.com (December 25, 2009)

China Inaugurates Forestry Exchange

China sets up national forestry equity exchange

Forestry Equity Exchange, a trading platform of forestry rights and resources in the country, was set up in Beijing on Monday, the Shanghai Securities News reported.

The state-owned exchange, with a registered capital of RMB 100 million, is part of the Chinese government's effort to facilitate the sustainable development of forestry resources and respond to the global climate exchange.

The exchange will provide a wide range of services such as forestry equity information enquiry, custody, assets assessment, and financing, etc, which are expected to help build a transparent and just trading mechanism in the forestry industry.

China Forestry Exchange Established in Beijing

_{Investment in forestry will earn money in the exchange instead of cutting trees in forests. Chinaforestry system reform goes an important step forward. China Forestry Exchange is unveiled for operation on November 23rd, 2009 in Beijing. Mr. Jia Zhibang, Director of State Forestry Administration, and Mr. Guo Jinlong, Mayor of Beijing Municipality, jointly unveiled the Exchange.}

_{China Forestry Exchange (CFEX) is a nationwide forestry equity and forest resource exchange platform established upon the approval of the State Council. It is an important measure of Chinese government to build a sustainable forest industry, achieve the environmental goal of permanently green hills and clean water and actively respond to the global climate change.}

_{According to a relevant authentic observer, forestry equity circulation it is obvious development of modern forest industry and contributes to the reasonable arrangement of various forestry production elements and the traditional forestry’s development towards modern forestry. Currently, China’s forestry equity circulation market is gradually growing. However, the transaction has lack unified standards and is made at a low level through simplified modes without standardized services and developed supervision. With the establishment of CFEX, under “open, transparency and justice” transaction managing mechanism, the transaction regulation, certificate, platform, information disclosure and supervision has being unified, which will contribute to the asymmetry and control of the circulation information and achieve an ordered forestry equity circulation to protect the legal rights and interests of forestry equity transaction stakeholders. It is encourage promoting the industrial capital flow into the forestry and the rapid development of the forestry and completely change the “weak and poor” situation of the forest industry.}

_{Mr. Liang Yu, CFEX’s chairman of the Board, addressed on the ceremony that, as a state-level comprehensive forestry equity and forest resource transaction platform, CFEX will undertake the mission to provide auxiliary services to the country’s forestry system reform and contribute to realize a harmonious forestry economic environment with permanently green hills, clean water and sustainable application.}

Mr. Ji Lin, the executive vice-mayor of Beijing, pointed out that Beijing will further optimize financial development environment, continuously improve and promote financial industry policies in the aspects of policy support, capital introduction and talent input and provide more supports to CFEX and other key element markets relying on Beijing’s advantage of the concentration of high-end financial industry resources.

China sets up forestry equity exchange in Beijing

BEIJING, Nov. 23, 2009 (Xinhua News Agency) -- China inaugurated a national forestry equity exchange in Beijing on Monday, according to information from the China Beijing Equity Exchange (CBEX).

The exchange, established after the approval of the State Council, or China's cabinet, marks a significant step in China's reform of the forestry system.

It is also part of the Chinese government's effort to respond to global climate change and facilitate the sustainable development of forestry resources.

The exchange serves as the platform to trade forestry rights and resources nationwide.

By introducing a trading mechanism that is transparent, equitable and fair, the exchange will contribute to the orderly circulation of forestry rights and help protect the legitimate interests of traders. The exchange will also help modernize China's weak forestry industry by attracting in more capital.

The CBEX is a shareholder of the forestry equity exchange.

(Source: iStockAnalyst )

China’s First Trading Guide for Mining Right Transfer Officially Promulgated

The long-awaited China’s first Trade Guide for Mining Right Transfer (hereinafter called Trade Guide) was officially publicized in China Beijing Exchange on Sept. 16, 2009.

The 30,000-character-long Trade Guide, consisting of text, seven attachments and six appendixes, mainly gives specific regulations on trade rules and operation processes for key documents examination, independent expert auditing, information publicizing, bidding organizing and payment settlement for mining right transfer projects.

Trade Guide is a trial version compiled by a special task force and expert team organized by CBEX through four-month-odd effort, opinion solicitations and six times of revisions in accordance with relevant national laws, regulations and Interim Provisions on Remise and Transfer of Mining Right promulgated by Ministry of Land and Resources and other laws and stipulations.

Industry expert said it has following three outstanding features as China’s first tentative trade guide for mining right transfer.

First, it improves the access threshold. Currently, mining right transfer market is fairly active. However, the insufficiency of laws and regulations on mining right circulation results in the vague responsibility definition, inefficient cooperation, improper supervision of governmental departments. Unauthorized transfer of mining right transfers and alterations are prevailing in secondary market, causing major hidden problems for safe mine production and social stability and a severe loss of state-owned assets. Mining right transfer still confronts problems in information disclosure, case acceptance, transaction organizing and fund settlement, leaving huge credit risk in the mining right trade market.

Thus, Trade Guide makes stringent regulations in key documents examination, basic form compilation, normative information disclosure, transaction organizing and payment settlement control to improve the threshold for project transfer, prevents false materials, reports and procedures’ disturbance to the market order, so as to avoid the excessive glossing and virtualization of the mining right and the consequent transaction violations therefrom etc. and standardize the trade, achieve orderly circulation of mining right and gradually explore a trans-regional mining right transfer platform.

Second, it standardizes the transaction process. Trade Guide borrows CBEX’s experiences in the transfer of enterprise’s state-owned equity, financial assets and practical assets, technical equity, strictly observes relevant national laws and regulations and regulations issued by Ministry of Land Resources and takes the actual requirements of mining right transfer into consideration to work out a rigid transaction flow, control the transaction from the process and protect the legal rights and benefits of relevant transaction subjects.

Third, it tries out opinions of independent experts. On Aug. 26, 2008, to fight against the speculation of the mining right concept of listing companies, Shanghai and Shenzhen Stock Exchanges standardized the listing company’s mining right acquisition and transfer (incl. transfer and acceptance) information disclosure process, promulgated No. 18 Listing Company’s Temporary Bulletin Format Directive to strictly define the acquisition and transfer, mining right value, valuation basis, valuation method, payment mode and evaluation confirmation, mining right owner’s survey and exploration qualification, access condition, legal letter and so forth. Reviews and evaluations on mining right transactions shall be strengthened according to the requirement.

As for operation mode, membership is practiced in mining right transfers in CBEX. By means of absorbing industry, brokerage, service, information, investment and recommendation members, CBEX will set up a smooth information disclosure system, design and work out a mining right transaction system, integrate a mining right transaction-related service system and provide standard and efficient transaction services for its members. Through extensive and effective membership services, CBEX reinforces to promote effective links between the mining right transfer and investors and improve the mining right circulation quality and efficiency based on effective clustering and classified management to the resources of mining rights and investors. Meanwhile, CBEX fully displays the price discovery of equity market and promotes the value preserving and adding of mining right, especially the state-owned mining right, in the process of orderly circulation through bidding promotion and organization.

As reported, CBEX interpreted Trade Guide’s functions as: with the mining right transfer as the core, the mining capital as the drive and the service consulting and information publicizing as the means, trying to advance the diversification of mining capital, the marketization of mining right transactions and the standardization of mining consulting services and finally forge a standard and active domestic allocation and transaction platform for mining rights, capitals and services to realize five main functions of transfer transaction, information exchange, market monitoring, decision consulting and governmental assistance.

Bank of Beijing Signing Gold Strategic Cooperation Agreement with CBEX

On August 21st, Bank of Beijing inked the Gold Transaction Strategic Cooperation Agreement with CBEX in Beijing, initiating the transactions of practical gold and other gold derivatives in Shanghai Gold Exchange to explore China’s gold investment markets on the promise of win-win cooperation.

Mr. Liang Yu, Executive Vice President of CBEX explained that, the strategic cooperation between CBEX and Bank of Beijing is dedicated to exploring the comprehensive competency of CBEX’s gold transactions and Bank of Beijing’s credit advantages, so as to further develop more gold investment channels. Mr. Liang added that, the mutural cooperation will bring deep influence in enhancing the standard development of China’s gold market in multiple grades and varieties. Both parties show confidence to establish a comprehensive investment platform with professional, efficient, safe and convenient services.

Ms. Yan Xiaoyan, Head of Bank of Beijing expressed on the singing ceremony that, the strategic cooperation signaled a new beginning as full-range cooperation relationship between Bank of Beijing and CBEX in the future, and both parties would achieve mutual development and win-win goals on this higher-level platform.

CBEX Gold Exchange Center will take advantage of the strategic cooperation and CBEX’s national equity transaction network, explore the professional strengths of gold investment market, provide services as risk management, transatcion consultancy, professional supervision, etc.. Meanwhile, Bank of Beijing will play full strengths of its captial savings and convenient online settlement, supply various services of special transaction accounts, settlements and practical gold deposit, and so on. Both parties agree to develop the gold brokerage services for establishing a new business operation model of the gold market, and promoting the development of China’s gold investment market.

The Unveiling Ceremony of China Technology Exchange (CTEX) Hosted in Beijing

On the morning of August 13th, 2009, China Technology Exchange (CTEX), the first national technology exchange institution was unveiled in Beijing Tsinghua Science & Technology Park. Mr. Liu Qi, Member of Political Bureau of the CPC Central Committee and Beijing Municipal Party Chief, Mr. Wan Gang, Vice Chairman of the CPPCC & Minister of Ministry of Science and Technology, Mr. Guo Jinlong, Major & Deputy Chief of Beijing Municipal Party and Mr. Tian Lipu, Chief of National Intelligence Property Bureau, and leaders from Ministry of Science & Technology, National Intelligence Property Bureau and Beijing Municipal Party Committee participated the unveiling ceremony.

On the ceremony, Mr. Liu Qi, Mr. Wan Gang, Mr. Guo Jinlong and Mr. Tian Lipu unveiled the foundation of CTEX. Mr. Ji Lin, Executive Deputy Major and Mr. Du Zhanyuan, Deputy Minister of Ministry of Science & Technology delivered the opening address.

Mr. Du Zhanyuan extended his congratulations for the establishment of CTEX, and made wished that CTEX would play full strengths of the successful experience of technology market development, actively explore to establish complete technology equity transaction systems, mechanism and regulations, make innovations of the transaction products and services, accumulate ranges of element resources, consummate technology equity financing facilities, exert the international influence of the technology transaction platform, so as to build Beijing into national technology transaction center and promote the development of technology market development under the boosting force of CTEX establishment.

Mr. Ji Lin addressed that, Beijing government played great importance to promoting the development of high-tech industry development, and provided strong support on policy enhancement, capital introduction and labor force accumulation. High-tech industry has become the key backbone of Beijing’s economic development, technology achievements have witnessed efficiently improvements, and the technological resources as Beijing’s competitive advantages appear significantly. Mr. Ji also emphasized that, the establishment of CTEX plays an important role as constructing Zhongguancun National Independent Innovation Zone, and great innovation as technology transfer and technology transaction mechanisms, as well as the bold trial as innovative measures of introducing financial and technology combination in Beijing.

Mr. Guo Hong, Director of Administrative Committee of Zhongguancun Haidian Science Park introduced the background and development planning of CTEX, and addressed that under the supervision of Ministry of Science & Technology, State Administration For Industry & Commerce of PR China, and State Intellectual Property Bureau, CTEX will play full strengths to its geographic advantages as center of Beijing high-tech resources, and policy advantages as the trial institutions of Zhongguancun Development Zone, and system advantages of Commercialized operation so as to build up the service platform for combining technology and capitals, the support platform of promoting science achievements industrialization, operation platform of equity stimulus reforming, as well as the comprehensive service platform as technology accomplishments transferring.

‘Treasure the Dream-Olympic Games First Anniversary Auction’ Concluded Successfully at CBEX

‘Treasure the Dream- Olympic Games First Anniversary Auction’ concluded successfully at China Beijing Equity Exchange (CBEX) at 13:22, August 8, 2009. Fourteen of the 15 objects were hammered, with a total value of 3.9567 million yuan, with an average premium of 172.71%. The auction was a non-government Olympic items auction organized by CBEX, other than Olympic Organizing Committee. The auction extended the popular scenes of Olympic asset disposal over the past year, indicating that on the first anniversary of the Beijing Olympic Games, the Chinese people’s enthusiasm for the Olympic Games has not faded, and Olympic collections remain the focus of collectors. Since CBEX released the notice on July 27, the auction has attracted 77 institutions and individuals for registration and bidding. In the end, 11 participants became successful bidders. No. 28 bidder won three objects.

Mr. Gerhard Heiberg, Chairman of the Marketing Commission of the International Olympic Committee (IOC), attended the auction and delivered a speech, saying the 2008 Beijing Olympic Games left the world an unparalleled memory, and the auction with non-government collections as the objects is of great significance in spreading Olympic culture and expanding the sports market in China.

Mr. Xiong Yan, Chairman of CBEX, said at the auction that since CBEX signed Service Contract for Disposing Olympic Assets with Beijing Organizing Committee of Olympic Games (BOCOG) on June 25, 2008, CEBX has established close ties with the Olympic Games. Olympic spirit is the wealth of the mankind. Arousing the recognition of the outside world on the value of Olympic collections is the responsibility of CBEX as “value discoverer” and “information communicator”.

The auction witnessed the Olympic passion of Chinese people. The Olympic Bid Report (originator’s commemorative edition, one set, three copies) and First Day Cover Signed by Olympic Bid Emblem Designer (one copy) were auctioned without base price. Within 15 minutes, the initial offer of 200 yuan was increased to more than 100,000 yuan. After 174 rounds of bidding, Buyer No 68 became the successful bidder for 130,000 yuan.

The fourth object, 10 Olympic torches from 1968 to 2008, caught the attention and attracted bidders. With an initial price of 500,000 yuan, Bidder No 001 won the object for 1.8 million yuan after half an hour competition, marking the object with the highest hammer price at the auction. The sixth object, a torch of the 29th Beijing Olympics, signed by Mr. Juan Antonio Samaranch, was also eye-catching and very popular at the auction. To display the concept of sharing Olympic spirit and spreading Olympic culture, the torch with commemorative significance was auctioned without base price, and was finally won by Bidder No 28 for 619,000 yuan.

It is noteworthy that during the auction, Olympic culture was overwhelmed all over the atmosphere. Design factory of the lanterns for the Olympic Flame assigned special representative to site to tell the story behind the design and production. Beijing Olympic champions Zhang Xiangxiang and Liao Hui’s presence pushed the auction to the peak. Zhang posed with his barbell-kiss upon winning the gold medal at the Beijing Olympic Games, saying the barbell at such a special auction at CBEX presents further significance, meaning the spreading of the Olympic spirit and the Olympic power among the people. Finally, the object was won by Bidder No 10 for 72,000 yuan.

Mr. Liang Yu, Executive Vice President and spokesman of CBEX, made a special speech upon the conclusion of the auction that as a grand event in honor of the first anniversary of the Beijing Olympic Games, the auction, like CEBX’s disposal of Olympic assets over the past one year, really allows for equal participation of all interested buyers in the market, and fully displays the principle of openness, fairness, and justice of CBEX as an asset disposal platform.

Symposium on new energy and climate policies of US held in CBEEX

A symposium on the new energy and climate policies of the US was held in China Beijing Environment Exchange (CBEEX) on April 20, 2009. The theme of the symposium is the new energy and climate policies of the US and CBEEX’s new opportunity.

Many distinguished guests attended the forum and gave wonderful speeches, such as Mr. Shi Dinghuan, Councilor of the State Council and Chairman of Chinese Renewable Energy Society; Mr. Xu Dingming, Councilor of the State Council and Chairman of National Energy Expert Consultative Committee; Mr. Yang Fuqiang, Director for the Global Climate Change Response Program of World Wide Fund For Nature; Mr. Xiong Yan, Chairman of CBEX and CBEEX; Ms. Li Ting, Vice Director of the Department of Treaty and Law, Ministry of Foreign Affairs; Mr. Zhou Fengqi, former Director and senior advisor of the Energy Research Institute of National Development and Reform Commission; Mr. Xue Liming, Chairman of China Seasun (Beijing) New Energy Power Project Co.,Ltd.; Mr.Shi Xinghui, Vice Director of Daonong Enterprise Institute; Mr. Zhang Haibin, associate professor of School of International Studies, Peking University; Mr. Yi Shui, deputy editor-in-chief of China Dialogue and Mr. Guan Qingyou, Director of energy and climate program of Center for China Study of Tsinghua University. Participants of the symposium also include the middle-level and above management of CBEX, the staff of Research and Development Department of CBEX and CBEEX.

Mr. Xiong Yan, Chairman of CBEX and CBEEX, addressing to the symposium

New policies of Obama’s administration will have critical impacts on China’s and the whole world’s energy and climate polices. Experts have noted that it would be a new economy revolution and a general revolution with the largest scale in economy, society and environment of the human beings in the 21st century with more significant and profound impacts than the Internet revolution had ten years ago. CBEEX, as China’s first state-level environmental equity exchange, has kept a close eye on the new policies of Obama’s administration and the influences to China and held the symposium at the moment of the consecutive launches of a variety of measures by Obama’s administration. At the symposium, experts expressed their opinions on the new energy and climate policies of the US and China’s countermeasures and gave valuable suggestions to CBEX and CBEEX on how to grasp the new opportunities brought by the new energy and climate policies of the US.

Zhongguancun Intellectual Property Promotion Bureau Signing Framework Agreement with CBEX

On April 22, 2009, Zhongguancun Intellectual Property Promotion Bureau held the Ceremony of “2009 Special Fund Issuing for Zhongguancun National Intellectual Property System Demonstration Park & Initiating Zhongguancun Intellectual Property Cultural Park”. Mr. Guo Shugui, Director of CBEX participated and addressed on the ceremony.

Zhongguancun Intellectual Property Promotion Bureau, as intellectual property management service center of Demonstration Park, provides overall services for introducing, supporting, managing and promoting intellectual property rights, such as information providing, rights transferring, industrializing, legal services, strategic R&D, consulting and training, etc. domestic and abroad.

On the ceremony, Zhongguancun Intellectual Property Promotion Bureau signed framework agreement with CBEX. Both parties would explore more business cooperation on intellectual property, especially support and collaborate on business innovation and creation, and build up a technology transaction platform for enterprises, academies and R&D institutes in Zhongguancun Hi-Tech Park. Both parties would complement the advantages and share resources for each other, supply preferential services for projects recommended to attract superior resources to enterprises in Zhongguancun, and promote the development of intellectual property industry in the Park.

CBEX’s Huaxia Gold FOU unveiled in Caishikou Department Store

April 23 saw the grand debut of Huaxia gold FOU (an ancient music instrument in China) released by CBEX and marketed by the Gold Exchange Center of CBEX in Caishikou Department Store. Several warriors in ancient Chinese costumes unveiled the ceremony through a majestic FOU performance and represented the moment of the gorgeous opening ceremony of the Beijing 29th Olympic Games. Then the gilded and colorful Huaxia Gold FOU came in the limelight, catching eyeballs of numerous visitors and customers and becoming a bestseller immediately.

Mr. Liang Yu, Executive Vice President unveiled the mysterious Gold FOU

Huaxia Gold FOU, cast and released by Gold Exchange Center of CBEX, is fabricated with advanced process and sophisticated technology and endowed with profound and intensive Chinese culture in the concept design. The novel and vivid FOU is forged with gold of .999 purity. The outside basin, having scrolled edges, square lips, a short neck, a deep belly, four beast-shaped legs, hollowed square lids and handles on four corners and sides, is extremely valuable and marvelous.

At the press, CBEX’s spokesperson and Executive Vice President Mr. Liang Yu said that the Gold Exchange Center of CBEX, having borrowed the successful marketing experience, fabricated and launched Huaxia Gold FOU as a gold collection in order to catering for the desire of numerous collectors and investors and enabling more people to memorize an exciting and fantastic historical Olympic moment. CBEX is very glad to cooperate with China’s No. 1 Gold Seller Caishikou Department Store to jointly launch the Huaxia Gold FOU, a work combining China’s culture charm and artistic value. Huaxia Gold FOU will be forged into an excellent product with unique feature and good image, a classic product of CBEX and a highlight of Caishikou Department Store’s gold products.

CBEX Signing Strategic Cooperation Agreement with Industrial Bank

On March 27, 2009, Industrial Bank Co. Ltd and CBEX signed the Strategic Cooperation Agreement in Beijing. Besides, Beijing Branch of Industrial Bank, CBEX and Beijing Huayuan Property Co., Ltd. Signed the Framework Agreement on Developing M&A Loan in Beijing meanwhile. Mr. Wu Huaikun, Director Manager of Investment Banking Department of Industrial Bank, Mr. Jiang Yunming, President of Beijing Branch of Industrial Bank, Mr. Wu Ruchuan, President of CBEX, Mr. Wang Naixiang, Director of CBEX, Mr. Zhang Dawei, Director of CBEX and Mr. Yuanshaohua, Director of Huayuan Property Co., Ltd attended the signing ceremony.

According to the person in charge from Industrial Bank, this agreement signing is mostly focused on M&A loan cooperation between Industrial Bank and CBEX, and both parties will develop more cooperative fields such as investment and financing business, training on investment and financing, and disposal of financial assets of commercial banks, etc.. Industrial Bank has established 40 branches, over 400 sub-branches in major cities throughout the country with more than 10,000 employees after 20 years’ development. By the end of 2008, its total capital assets achieved 1 trillion RMB. The opening of M&A loan provides a new-brand product for commercial banks in China, and Industrial Bank is completely qualified for the requirements on providing M&A loan business by the regulatory and supervision authorities, becoming one of the few qualified banks to initiate this innovative business.

Mr. Wu Ruchuan, President of CBEX, expressed that CBEX was dedicated to enhancing and promoting the growth and development of M&A loan in China’s financial market, and strived to build the best financing platform with most competitive strengths in the M&A markets, so as to provide all-round services for potential clients. The cooperation with Industrial Bank enhances the further penetration into the financial market, improves the close cooperative relationship between equity exchange market and commercial banks. The establishment of the cooperative relationships guarantees that the M&A loan business in CBEX will achieve its specific growth in the future. Taking this chance of the cooperation, CBEX, together with Bejing Branch of Industrial Bank and Beijing Huayuan Property established the cooperative relationships on M&A loans, which forecasts the good start for the strategic cooperation between Industrial Bank and CBEX.

CBEX Held 5th Anniversary Celebration

Feb.14 marked the 5th anniversary of the establishment of China Beijing Equity Exchange (CBEX). More than 400 guests from government and major enterprises as well as the counterparts of CBEX attended the celebration held at the CBEX’s office division at Financial Street. Li Wuwei, vice chairman of the CPPCC National Committee, Li Xiaohong, Secretary-General of Beijing Municipal Government, Ma Xingrui, general manager of China Aerospace Science and. Technology Corporation, Deng Zhixiong, deputy director of Equity Bureau of SASAC of the State Council, Wang Kejin, deputy director of the Department of Policies and Regulations of China Banking Regulatory Commission, Wang Zhongmin, deputy chairman of National Council for Social Security Fund, Lu Zhongyuan, former deputy director of Development Research Center of the State Council, Li Aiqing, chairman of Beijing State-owned Assets Management Co., Ltd. and other leaders were present and delivered speeches.

On Feb.14, 2004, the former Beijing Equity Transaction Center and former Zhongguancun Technology Equity Transaction Center merged into China Beijing Equity Exchange. Over the past five years, CBEX completed 17244 equity transactions of various types with turnover of 273.624 billion yuan and annual growth rate of nearly 50%, accomplishing its historic mission of regulating state-owned assets transactions, and guaranteeing the value maintenance and appreciation of state-owned assets, and playing a vital role in the normative development of China’s equity market.

On the basis of ensuring the advantages of state-owned assets transactions of traditional enterprises, CBEX is committed to extend its function in depth and broadness, promote and organize the normative transactions of the state-owned assets of administrative institutions, financial assets, Olympic assets, and other state-owned assets, with a view to realizing the goal of “full coverage of state-owned assets”. In addition, CBEX is also making positively efforts to make innovation of exchange varieties, and expand service areas. It has witnessed initial formation of gold transactions, intellectual property rights transactions, environmental rights transactions, equity registration and management services, corporate investment and financing services, investment invitation for local government, and other innovative business sectors, promoting its strategy for conducting full range of business varieties.

On the basis of the current three overseas branches in the United States, Japan, and Italy, CBEX is speeding up the preparatory work on the establishment China Forestry Equity Exchange and Beijing Resale Housing Exchange, and makes continuous efforts to explore the effective measures for the establishment of Beijing Artwork Equity Exchange, China Technology Exchange, “Mining Rights Transaction Platform, Copyright Transaction Platform, Petroleum Exchange, Rural Equity Transaction Platform, and Power Transaction Platform, striving to achieve the goal of CBEX’s development as a group.

CBEX aims to build a national equity transaction center. It always adheres to market-oriented and IT-based means to highlight the characteristics of internationalization. CBEX and nearly 200 member agencies work together, and a 100 billion yuan-class comprehensive equity transaction market with international influence is rising at Beijing's Financial Street.

China Exchanges extend reaches...

BEIJING, Jan 14, 2009 (Xinhua via COMTEX) --

With asset value depreciating during the financial crisis, Chinese companies are likely to embrace more merger and acquisition opportunities around the globe in 2009 and equity exchanges have a bigger role to play during the process, many economists hold.

By setting up offices in overseas market, Chinese equity exchanges can better serve as the gateway for Chinese companies to enter the world. And it is gratifying to see that China's equity exchanges have been making such attempts over the years. BEIJING, SHANGHAI TAKE THE LEAD by the government's bids to boost the asset trading of state-owned enterprises starting from 2004, China saw mushrooming of equity exchanges across the country over the past five years.

While serving principally for transfer of state-owned assets, some equity exchanges have expanded business to the private sector and are even reaching out their antenna to the world. Among them, China Beijing Equity Exchange (CBEX) and Shanghai United Assets and Equity Exchange (SUAEE) have taken the lead.

Over the past three years, CBEX has teamed up with many Europeans in situations including Toronto Stock Exchange (TSX), Deutsche Boerse Group and Milan Stock Exchange.

Despite the financial crisis, it made its presence in Japan in July 2008 by setting up China Japan Equity Exchange in Tokyo together with Mirai Securities and entered the US market in end-November 2008 through the launch of Asia America Equity Exchange (AAEE) in Miami.

On December 20 2008, CBEX, AAEE and Beijing Zhongbaoxin Real Estate Development Co. Ltd. signed a cooperation agreement, which allowed the real estate company to seek partners in community-based high-end pension program management with the help of CBEX and AAEE.

Currently, over 20 assets from US, Japan and other countries are being quoted on CBEX for trading, covering sectors in transport, petrochemical, electronics and real estate.

Compared with CBEX, SUAEE is no lesser player in the global drive. It joined hands with United Nations Development Program in setting up South-South Global Asset and Technology Equity Exchange (South-South GATE) on November 3, 2008.

The South-South GATE aims to bring together global technology and capital and become an international platform for the trading of asset and technology.

It is believed to help developing countries like China to improve technological strength and also give a boost to China's efforts to make technological innovation and upgrade its industrial structure, said experts.

On November 10, SUAEE announced to cooperate with Hewitt, the world 's renowned human resource management company, in making recommendations for Chinese firms eying for overseas merger and acquisition chances.

The efforts pay off as SUAEE has been attracting not only overseas asset sellers but acquirers as well. Recent statistics show financing projects from Japan alone amounted to 25 ones on SUAEE, including five real estate programs and 14 technology ones.

The overseas expansion of China's two leading equity exchanges with foreign counterparts means China's equity market has become more global, said experts.

OTHERS TO FOLLOW.

Cao Heping, professor of School of Economics, Peking University, said China is on the path to become an exporter of capital and Chinese firms have stronger desire to make global presence.

In such circumstances, equity exchanges will act as a platform in integrating domestic and international capital market and helping Chinese firms implement their global strategy, he added.

Led by the examples of CBEX and SUAEE, other Chinese equity exchanges will also make firm steps in going global, he said. Following the heels of CBEX and SUAEE, Tianjin Equity Exchange entered into cooperation with Deutsche Boerse on November 12, 2008.

The cooperation is expected to bring funds, IT facility and legal and financial expertise of Deutsche Boerse to the Chinese equity exchan ge and open the access to the Chinese market for the German exchange.

EQUITY PARTICIPATION: KEY FORM OF CO-OP

Li Zhengxi, general manager of Guangzhou Equity Exchange pointed out China's equity market differs from the securities market in that it caters mainly for industrial investors while the latter entices financial investors.

It is therefore necessary to introduce diversified entities into the equity market so as to enhance its vibrancy and its interaction with the securities market, he added. The purpose of introducing foreign partners is not for stratifying cap ital needs, but for consolidating global resources, Li stressed.

In this sense, the equity market is in more urgent need for transnational cooperation and equity participation will become the major form of cooperation, he noted.

Opening of office in Miami...

Miami Herald - Nov. 24, 2008 - China Beijing Equity Exchange opens Latin American office in Miami

The Miami Herald

AAEE opens Miami office

Opening an office in Miami, the Asia America Equity Exchange is expanding China's investments in the Western Hemisphere.

BY JOSEPH A. MANN JR.

This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Miami is the launching point for a new office of the Asia America Equity Exchange, which is aimed at expanding China's investments in the Western Hemisphere.

The exchange, which is designed to help Chinese government-owned entities and private entrepreneurs find and develop investment opportunities in the region, announced the opening of its first U.S. office last week during a ceremony at Miami Dade College.

Starting operations with a staff of five, the exchange also will connect investors from North and South America with opportunities in the huge Chinese market.

''We see the Americas as a valuable investment market for China, and Miami is an ideal location for our first U.S. office,'' said Slenda Chan, who is AAEE's president. ``Our goal is to open up opportunities between Asia and the Americas.''

EAGER ENTREPRENEURS

At the opening ceremony, entrepreneurs from the United States and several Latin American countries eager to attract Chinese capital listed projects with AAEE.

They included Solar Blue, an Orlando-based manufacturer of solar energy systems, which is seeking $100 million for an expansion, and Costa Blanca, a luxury development in the Dominican Republic trying to raise $300 million.

The AAEE is a partner of the China Beijing Equity Exchange, a state-owned agency that carries out activities ranging from financing and privatization of government-owned assets to domestic and international equity transactions.

The Beijing Exchange helps the Chinese government and private entities carry out their investments worldwide.

Speaking through a translator, Xiong Yan, head of the Chinese delegation to Miami and president of the China Beijing Equity Exchange, said the AAEE would help spur investment in both directions between the world's largest developing country and the world's largest developed country.

The CBEX delegation's visit to Miami coincided with visits by Chinese President Hu Jintao to Cuba, Costa Rica and Peru. He attended the annual Asia Pacific Economic meeting in Lima, wrapped up a free trade agreement with Peru last week and promised more aid to Cuba.

China already is a major trading partner with Brazil, Venezuela, Mexico, Chile and other Latin American nations and clearly wants to gain access to more natural resources through increased trade and investment in the region.

RISING AFFLUENCE

''China is at an inflection point,'' said Carl W. Ross, managing director of Oppenheimer & Co., an investment management and advisory firm working with AAEE. ``With a higher per capita GDP, China's middle class will be consuming more, and we'll see more direct foreign investment from China.

''Assets in the U.S. and some Latin American countries are at a 20- to 30-year low. They're at fire-sale prices,'' he said.

The new investment promotion office in Miami will initially focus on projects in four areas: real estate, mergers and acquisitions, natural resources and sports and entertainment, Chan said. But as AAEE acquires more staff, it plans to cover intellectual property, product and equipment procurement and carbon credits.

First 10 Investment Opportunities in the Americas...

Hispanic News Wire - Nov. 20, 2008 - Asia America Equity Exchange, a Partner of the China Beijing Equity Exchange, Announces Its First 10 Investment Opportunities in the Americas.

MIAMI, Nov. 20 /PRNewswire/ -- The Asia America Equity Exchange (AAEE), a partner of the China Beijing Equity Exchange (CBEX), announced today the opening of its first ever U.S. office and its first 10 transactions at a signing ceremony held at Miami Dade College (MDC) in downtown Miami.

AAEE's Miami location will allow Chinese investors access to investment opportunities in North, Central and South America while also providing Americas-based international companies and investors access to the Chinese market. CBEX, an agency authorized by the Beijing Municipal Government and the largest platform in China for the privatization of state-owned assets, represents 150 top state-owned enterprises. Total transaction volume on CBEX in 2007 was $100 billion, including both government-related and private transactions.

"This is an unprecedented step for the newly created AAEE," said Slenda Chan, president of AAEE. "Because we see the Americas as a valuable investment market for the China Beijing Equity Exchange, Miami is an ideal location for our first U.S. office. AAEE plans to open offices in key markets in the region in order to facilitate acquisition and investment transactions for its members and clients.

"We are also thrilled to play an active role in the South Florida community by providing MDC students with scholarships and valuable internship opportunities with our organization and network of listed companies," added Chan.

Leaders from the initial 10 companies listed as investment opportunities on AAEE were present at the press conference and signed their listings into action in the presence of CBEX President, Xiong Yan, CBEX Vice President, Liang Yu and, AAEE President, Slenda Chan. The 10 investment opportunities announced were:

-- VTech Minerals, Brazil, the president of the company, Mr. Sami Agap, was in attendance and signed the listing into action. The project involves the development of more than 750 mineral concessions, with a total area of three million hectares in 12 states across Brazil.

-- Natures Beauty Mines, Arizona, Michael Quillan, chairman and chief executive officer signed the project into action on AAEE. The project involves accelerated development of a major marble and onyx quarry located in Arizona, U.S.A.