Deutsche Bank establishes connectivity with Beijing Stock Exchange to facilitate access for Qualified Foreign Institutional Investors
Deutsche Bank (China) Co., Ltd. (“Deutsche Bank China”) has successfully set up connectivity with the Beijing branch of China Securities Depository and Clearing Corporation (“CSDCC”), becoming the first EU bank to facilitate Qualified Foreign Institutional Investor access to stocks listed in the latest established exchange in China, Beijing Stock Exchange.
“We’re proud to bring our market-leading global custody services expertise to the onshore market, supporting global institutional clients with their China inbound investments,” Rose Zhu, Deutsche Bank China Chief Country Officer, said. “2022 marks 150 years since Deutsche Bank’s first presence in China, and we have persistently supported our clients’ needs on the ground in China, and the opening of the country’s capital markets.”
Anand Rengarajan, Global Head of Sales and Head of Asia Pacific, Securities Services, at Deutsche Bank, said: “The China market is clearly a core part of our global growth strategy. We’re proud to be able to leverage the strength of our local insights and best-in-class capabilities in Securities Services. This connectivity with Beijing Stock Exchange reiterates our commitment to clients in supporting their investment needs in this important market.”
With an extensive and highly efficient global custody network services in more than 70 major markets globally, Deutsche Bank Securities Services provides best-in-class one-stop integrated solutions for clients investing worldwide. Equipped with local expertise and global standards, Deutsche Bank China is one of the first major foreign custodian banks to connect qualified foreign institutional investors (QFII/RQFII) with investment opportunities in the onshore securities and futures market. Deutsche Bank is also one of the most active foreign settlement agents in the China Interbank Bond Market (CIBM).
Officially starting trading on 15th Nov, 2021, Beijing Stock Exchange aims to cater to innovative small and medium-sized enterprises, playing a different role from existing Shanghai and Shenzhen exchanges, marking a milestone of China’s multi-layer capital market construction. According to Wind Information, there are currently 88 listed companies on the Beijing Stock Exchange, with a total share capital of more than 12.6 billion shares and a total market value of more than 200 billion yuan as of March16th.
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.
Such factors are described in detail in our SEC Form 20-F of 20 March 2020 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
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Deutsche Bank (China) Co., Ltd. (“Deutsche Bank China”) has successfully set up connectivity with the Beijing branch of China Securities Depository and Clearing Corporation (“CSDCC”), becoming the first EU bank to facilitate Qualified Foreign Institutional Investor access to stocks listed in the latest established exchange in China, Beijing Stock Exchange.
“We’re proud to bring our market-leading global custody services expertise to the onshore market, supporting global institutional clients with their China inbound investments,” Rose Zhu, Deutsche Bank China Chief Country Officer, said. “2022 marks 150 years since Deutsche Bank’s first presence in China, and we have persistently supported our clients’ needs on the ground in China, and the opening of the country’s capital markets.”
Anand Rengarajan, Global Head of Sales and Head of Asia Pacific, Securities Services, at Deutsche Bank, said: “The China market is clearly a core part of our global growth strategy. We’re proud to be able to leverage the strength of our local insights and best-in-class capabilities in Securities Services. This connectivity with Beijing Stock Exchange reiterates our commitment to clients in supporting their investment needs in this important market.”
With an extensive and highly efficient global custody network services in more than 70 major markets globally, Deutsche Bank Securities Services provides best-in-class one-stop integrated solutions for clients investing worldwide. Equipped with local expertise and global standards, Deutsche Bank China is one of the first major foreign custodian banks to connect qualified foreign institutional investors (QFII/RQFII) with investment opportunities in the onshore securities and futures market. Deutsche Bank is also one of the most active foreign settlement agents in the China Interbank Bond Market (CIBM).
Officially starting trading on 15th Nov, 2021, Beijing Stock Exchange aims to cater to innovative small and medium-sized enterprises, playing a different role from existing Shanghai and Shenzhen exchanges, marking a milestone of China’s multi-layer capital market construction. According to Wind Information, there are currently 88 listed companies on the Beijing Stock Exchange, with a total share capital of more than 12.6 billion shares and a total market value of more than 200 billion yuan as of March16th.
For further information, please contact:
Deutsche Bank AG
Media Relations
Flora Tian
Tel. +86 10 5969 8617
Email flora.tian@db.com
About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which we hold a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission.
Such factors are described in detail in our SEC Form 20-F of 20 March 2020 under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
Further links on the topic
Deutsche Bank in China
Deutsche Bank in Asia Pacific
Deutsche Bank - 150 years in Asia Pacific
Deutsche Bank's Corporate Banking solutions
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