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XPRN Hosts Investor Relations Seminar in Beijing

2007-12-12 10:03

BEIJING, Nov. 8 /Xinhua-PRNewswire/ -- Xinhua PR Newswire (“XPRN”), China’s leading corporate news distribution provider, announced today that it has successfully hosted an Investor Relations (IR) Seminar.  More than 70 senior professionals, including IR managers from domestic and overseas listed companies, IR agencies and financial institutions attended the seminar.

Mark Hynes, the Managing Director of Investor Relations at PR Newswire and member of the board of directors of the Investor Relations Society (IRS), together with a carefully selected trio of experts, shared their precious working experience and unique perceptions about investor relations and disclosure.  The other presiding experts were from a well-known financial PR agency; media organization and US listed company.

Lasting three and a half hours, it covered key areas including disclosure guidelines and the latest IR practices in China, Europe and America.  The seminar also discussed an overall review, current expectations and the future trend of IR development, while also offering strategic suggestions that were warmly received by the attending corporate representatives.

Over the last few years, as more and more Chinese corporations choose to list on overseas markets, China’s national capital markets have developed at an unprecedented rate.  Inevitably, this has raised the focus on investor relations programs, which has helped transform them from those that simply meet mandatory disclosure requirements to a necessary measure of regulating corporate operations as well as attracting national and overseas capital.  Attendees of the seminar, including overseas listed companies such as Baidu, AirMedia and New Oriental; overseas financial institutions such as Citibank and RedChip; and national IR and financial service agencies such as Yizhongtongda and Allcom Tech, have all focused their attentions on the development of investor relations in China and overseas countries.

  “Four years ago, when Xinhua PR Newswire had just set foot in China, we cooperated with the Shanghai and Shenzhen Stock Exchanges, holding numerous large-scale IR events, and this IR seminar is a continuation of our commitment to helping promote the development of investor relations in China,” said Chen Yujie, Director of Xinhua PR Newswire China, “Over the last four years more and more Chinese corporations have become attentive to this development and have already made important steps in the field of IR management.  Thereby, Xinhua PR Newswire, true to form, will continue to provide these important IR communication services for Chinese corporations.”

As one of the speakers, Mark Hynes, the Managing Director of Investor Relations at PR Newswire and member of the board of directors of the Investor Relations Society (IRS), said, “China’s listed companies have gradually become aware of the significance of IR.  Hereby, the mature managing experience of the overseas markets and the support from professional service agencies will help them learn from their overseas counterparts and to create greater commercial values.”

 

 About Xinhua PR Newswire

 Xinhua PR Newswire (XPRN), an alliance created between Xinhua Finance and PR Newswire, assists companies and organizations in delivering their news releases to the media, individual and institutional investors, and the general public worldwide, with clipping, monitoring, measurement and media intelligence services. Utilizing PR Newswire’s global news distribution network, Xinhua PR Newswire can send clients’ press releases to 135 countries in 40 languages.