Officials from the Toronto Stock Exchange began a visit to China pitching Canada as a low-cost, low-hassle entry point for Chinese companies looking into the North American market. TSX Group, which owns the Toronto exchange and the junior TSX Venture Exchange, is targeting mainly small-cap mining companies in China, representatives said. TSX has already signed a memorandum of understanding with Shenzhen, and is expected to ink an agreement with the larger Shanghai exchange. TSX's exchanges have a market capitalization of US$1.25trn, while China's two exchanges in China have a market capitalization of about US$500bn.
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