BEIJING, Dec. 14 /PRNewswire/-- Xinhua PR Newswire (XPRN) today announced
that it has launched "XPRN Investor Wire", a capital markets-intensive
distribution channel that will assist Chinese companies in reaching key
investment audiences throughout the world, more effectively.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040910/XINHUALOGO )
According to XPRN Managing Director John M. Williams, the strength of
XPRN's Investor Wire (IW) is derived from a global database of investment
professionals developed during the past 20 years by Taylor Rafferty, a
subsidiary of Xinhua Finance and a leading investor relations and financial
communications advisory firm.
"During the past two decades, the financial industry professionals at
Taylor Rafferty researched and selected several thousand investors and
analysts covering industry and geographic sectors including biotech, computer,
manufacturing, online communications, healthcare, hospitality, technology and
the China/Asian market to include in the global database.
"Numerous clients of Taylor Rafferty all over the world have willingly
offered testimonials regarding the effectiveness of the database in terms of
improving international shareholding ratio, increasing stock liquidity and
trading volume and raising brand awareness in international capital markets.
That alone gives me great confidence that the XPRN Investor Wire will provide
an excellent information tool for listed Chinese companies and those
considering it," Williams said.
XPRN director Yujie Chen added, "Western investor interest in China has
reached historic levels, and the more effective communications channels we can
offer to that audience as well as investors here in Asia, the more effective
our service becomes for our clients.
"According to the Ministry of Finance, as a result of the high-speed
growth of the Asian economy and especially that of China, Chinese companies
have become a focus for the international capital market. In 2003, Chinese
companies got international financing as high as US$53.5 billion, while in
2004, this figure grew to US$60.6 billion, according to the Ministry's
estimates. Further data from SinoTrust Marketing Research & Consulting Ltd
indicated that in 2004, 83 Chinese companies received US$11.2 billion after
IPO. Other estimates suggest that in the coming 10 years 1,000 Chinese
companies will get public financing in overseas markets," Chen said.
XPRN currently serves 100 percent of the Chinese companies listed on the
U.S.-based Nasdaq stock market as well as a growing number of companies listed
in the Hong Kong Stock Exchange, the Shanghai and Shenzhen exchanges, the
Toronto and London exchanges and the New York Stock Exchange.
About Xinhua PR Newswire
Xinhua PR Newswire is a marketing alliance created by Xinhua Finance and
PR Newswire. Xinhua PR Newswire provides companies and organizations in Asia
with cost effective means to send news and information to the media, general
public and investment community in China, Asia and the rest of the world.
Xinhua PR Newswire distributes press releases to 135 countries and regions in
40 languages by leveraging PR Newswire's global news distribution networks and
the latest in communications technology. Xinhua PR Newswire also provides
targeting and measurement services in Asia. Visit http://www.xprn.com for
further information.
CONTACT: Rachel (Asche) Meranus, Director of Public Relations,
PR Newswire, 212.282.1929 or rachel.meranus@prnewswire.com.
SOURCE Xinhua PR Newswire
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Related links:
http://www.xprn.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20040910/XINHUALOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Jenny Hu, Marketing Manager, +861058645291,
Fax: +861058797150, jenny.hu@prnewswire.com, or John Williams,
Managing Director, +1-508-208-7502, john.Williams@prnewswire.com,
both of Xinhua PR Newswire
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