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On May, the Luxembourg Stock Exchange (LuxSE) admitted ICBC Luxembourg Branch as a trading member with immediate effect. With this step, the Luxembourg branch of Industrial and Commercial Bank of China Limited becomes the first Chinese bank to join the trading community at the Luxembourg Stock Exchange.
“With our listing activity, the Luxembourg Stock Exchange has already become a gateway to China and a reference for Renminbi-denominated, listed securities. We welcome ICBC Luxembourg’s decision to expand their financial activities at the stock exchange as a liquidity provider and an active trading member. This initiative will contribute to bridging the gap between Chinese issuers and international investors,” comments Robert Scharfe, CEO of the Luxembourg Stock...
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