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.
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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.
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SOURCE: Xinhua PR Newswire
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