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First Chinese company listed on NYSE Amex market

(Xinhua)
Updated: 2009-03-10 10:41

China Green Agriculture Inc, the first Chinese company listed on the New York Stock Exchange Amex market, opened for trading on Monday.

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Green Agriculture, which produces and distributes humic acid based liquid compound fertilizer, is also the first Chinese company to list on NYSE Euronext markets in 2009.

"Today is an exciting milestone in the company's continued growth," said Tao Li, chief executive officer of China Green Agriculture.

"Since becoming a public company last year, we have devoted a great deal of resources to improving our corporate governance and level of oversight in order to meet the requirements of a more senior exchange," he added.

So far, NYSE Euronext has 66 companies listed from Greater China, including 56 companies from Chinese mainland listed on the NYSE Euronext, 5 from Hong Kong on NYSE Euronext Markets, and 5 Taiwan companies on NYSE Euronext Markets.

The total global market capitalization of NYSE Euronext-listed companies from the Chinese mainland is $1.1 trillion, and 1.2 trillion for all companies from China.