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The Luxembourg Stock Exchange (LuxSE) received a delegation from China Development Bank (CDB), the largest development bank in the world, on 14 July 2015. The delegation was led by Zheng Zhijie, CDB governor, and was welcomed by Hubert Grignon Dumoulin, member of the LuxSE management board. CDB provides medium- to long-term financing facilities in order to assist the development of China’s economy.
It is the second largest bond issuer in China after the state and its issues represent some 20% of the total custody amount in the Chinese Interbank bond market. The relationship between LuxSE and CDB goes back to 1999, when CDB first listed a global USD 500 million bond on the Luxembourg Stock Exchange. During the meeting, the two teams exchanged views on the international...
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