The mechanism called “China-Swiss Stock Connect” allows Chinese companies that have received authorisation to issue global depositary receipts (GDRs), which will be traded on the Swiss stock exchange. The corresponding shares will be deposited with a Chinese bank, the SIX Swiss Exchange said in a statement on Friday.
Several Chinese companies have received approval from SIX, reports business news agency AWP. They include lithium battery company Gotion High-Tech, building materials group Keda Industrial, Gem and Ningbo Shanshan which are also active in batteries.
The mechanism also provides the possibility for companies listed in Switzerland to issue GDRs in China on the Shanghai and Shenzhen stock exchanges.
The GDR listings offer a sought-after opportunity for Chinese companies to raise funds overseas, as US listings have been frozen amid heightened geopolitical tensions, according to Bloomberg, while volatility in Hong Kong this year is giving issuers second thoughts about the market.
Popular Stories
More
Foreign Affairs
In Switzerland four out of ten people have a migrant background – who are they?
Train vs plane: would you take a direct train between London and Geneva?
Eurostar is planning to run direct trains from Britain to Germany and Switzerland from the early 2030s. Would you favour the train over the plane? If not, why not?
Porrentruy mayor comments on Swiss pool ban controversy
This content was published on
The mayor of the Swiss town of Porrentruy, which has been in the headlines in neighbouring France after restricting access to a pool to locals after a spate of anti-social behaviour, says he has received much support in recent days.
Swiss universities to release multilingual AI programme
This content was published on
This summer researchers at Swiss universities will make available a large language model (LLM), an AI programme trained on vast amounts of data, developed on public infrastructure.
This content was published on
After a one-year test phase, Zurich's cantonal police are introducing an online police station. Demand is high and the response from the public has been positive.
This content was published on
The chic resort of St Moritz in southeastern Switzerland has registered "summer" as a trademark under the name "St Summer". The resort in canton Graubünden is launching a campaign to strengthen its summer business.
Swiss authorities detail progress on station access for people with reduced mobility
This content was published on
The Federal Office of Transport (FOT) said on Wednesday that 43 stations had been adapted for people with reduced mobility last year. The vast majority of rail travellers (82%) now benefit from easier access to stations, it says.
This content was published on
The prices of homes and apartments in Switzerland rose again in June. In the Lake Geneva region, prices of detached houses rose sharply. Meanwhile, in Zurich and its surrounding region the opposite trend was observed.
Crowded airports expected in Switzerland this summer
This content was published on
Switzerland's main airports are preparing for a busy summer holiday period. A number of changes have been introduced to improve passenger flows that are expected to be well above average in July and August.
Zurich police arrest 38 football and hockey fans after violent incidents
This content was published on
Zurich police have investigated 48 cases of fan violence at stadiums in the Swiss city since last autumn and arrested a total of 38 people, Swiss public television, SRF, reports.
Cashflow problems affect UN Human Rights Council activities
This content was published on
Certain activities of the Geneva-based United Nations Human Rights Council cannot be carried out in 2025-2026 due of the ongoing cash crisis affecting the UN.
Plaintiffs take Khaled Nezzar case to European Court of Human Rights
This content was published on
Two plaintiffs in a serious war crimes case against former Algerian Defence Minister Khaled Nezzar have filed an appeal with the European Court of Human Rights.
More than half of Chinese acquisitions in Switzerland have state fingerprint
This content was published on
The Chinese government has a stake in 53% of Swiss companies acquired by Chinese firms since 2010, according to a think tank study.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.