CSFB Eyes Chinese 'A' Share Market

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CSFB Eyes Chinese 'A' Share Market

Credit Suisse First Boston is looking to add its name to the growing ranks of firms entering the Chinese 'A' share market and will likely offer derivatives by year end. The mainland opened up earlier this summer to qualified foreign investors with Citigroup, Morgan Stanley, Nomura Securities and UBS (DW, 6/15) marking the initial foray. Subsequently, Deutsche Bank, Goldman Sachs, HSBC and ING have also gained approval. An official said CSFB plans to offer derivatives that give synthetic exposure to the performance of the shares and may also offer capital guaranteed notes.

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