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Frankfurt bourse seeks Chinese listings

Many Chinese companies, however, prefer to list in China.

Zhou Yuliang, deputy general manager of the Zhejiang Yongda Group, said the company is now preparing for a listing on the Shenzhen Stock Exchange next year.

"We can raise more money in China than overseas because of the liquidity of China's stock markets," Zhou told China Daily.

A Zhejiang company executive, surnamed Liu, said the approval process time for an overseas listing was lengthy. Companies must first gain the approval of the China Securities Regulatory Commission .

But compared with other world stock exchanges, some at the meeting, felt the Deutsche Borse has a more relaxed regulatory environment.

The Sarbanes-Oxley Act of the United States is widely regarded as an obstacle for Chinese companies to list there.

"The Act raises the cost of listing," Ruan said.

A total of 132 companies in Zhejiang Province have listed overseas, including 105 A-share and B-share companies, and eight H-share companies.

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