US high-tech and IT-focused stock exchange operator Nasdaq formally established its representative office in Beijing on Monday, Beijing Morning Post reported (in Chinese). China's stock market is "undergoing new changes," and Nasdaq is considering the possibility of listing on the A-share market, said Xu Guangxun, Nasdaq China's chief representative, at the opening ceremony. For the present, the exchange's China operations will be more focused on attracting mainland companies to list in New York. Nineteen Chinese companies listed on Nasdaq in the past year, increasing the total number to 52, said Xu.
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