News Releases

 
NYSE Group Welcomes Approval to Open Office in China
NEW YORK, Dec. 15, 2006 -- "As a result of the first Strategic Economic Dialogue initiative between the governments of China and the United States, NYSE Group is very pleased that both countries have agreed that NYSE Group can proceed with opening a business office in China," said John A. Thain, Chief Executive Officer, NYSE Group, Inc. "We are also encouraged by the constructive and in-depth discussions on overarching and long-term strategic economic issues by China's Vice Premier Wu Yi and U.S. Treasury Secretary Henry N. Paulson.  Further, NYSE Group is fully committed to contributing to this positive dialogue and to building upon our outstanding relationships with listed-issuers in China and throughout the world."

Currently, there are 31 companies with a total global market capitalization of $833 billion from greater China listed on the NYSE (as of Dec. 15, 2006 ).  In 2006 to date, the NYSE listed two Chinese companies as the latest high-growth entrepreneurial Chinese companies to be listed on the NYSE:  New Oriental Education and Technology Group (NYSE: EDU) and Mindray Medical International Ltd (NYSE: MR) - both ranked in the top-10 best-performing IPOs in third-quarter 2006.  In 2005, the NYSE listed Suntech Power holdings Ltd (NYSE: STP). In 1993, Sinopec Shanghai Petrochemical Company, Ltd. (NYSE: SHI) was the first company from China to list on the NYSE.

The NYSE is currently home to 448 non-U.S. companies with a total market capitalization of $9.4 trillion representing 47 countries. 

About NYSE Group, Inc.
NYSE Group, Inc. (NYSE:NYX) operates two securities exchanges: the New York Stock Exchange LLC (the “NYSE”) and NYSE Arca, Inc. (formerly known as the Pacific Exchange). NYSE Group is a leading provider of securities listing, trading and market data products and services. In the third quarter of 2006, on an average trading day, 2.2 billion shares, valued at $80.1 billion, were traded on the exchanges of the NYSE Group.

The NYSE is the world’s largest and most liquid cash equities exchange. The NYSE provides a reliable, orderly, liquid and efficient marketplace where investors buy and sell listed companies’ common stock and other securities.  On September 30, 2006 , the operating companies listed on the NYSE represented a total global market capitalization of $23.0 trillion.

NYSE Arca, Inc. operates the former ArcaEx®, the first open, all-electronic stock exchange in the United States , which has a leading position in trading exchange-traded funds and exchange-listed securities. NYSE Arca, Inc. is also an exchange for trading equity options.  NYSE Arca, Inc.’s trading platforms provide customers with fast electronic execution and open, direct and anonymous market access.

NYSE Regulation, an independent not-for-profit subsidiary, regulates member organizations through the enforcement of marketplace rules and federal securities laws. NYSE Regulation also ensures that companies listed on the NYSE and NYSE Arca meet their financial and corporate governance listing standards.

For more information on NYSE Group, go to: www.nyse.com.

Cautionary Note Regarding Forward-Looking Statements
Certain statements in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on NYSE Group’s current expectations and involve risks and uncertainties that could cause NYSE Group’s actual results to differ materially from those set forth in the statements. There can be no assurance that such expectations will prove to be correct. Actual results may differ materially from those expressed or implied in the forward-looking statements. Factors that could cause NYSE Group’s results to differ materially from current expectations include, but are not limited to:  NYSE Group’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk and U.S. and global competition, and other factors detailed in NYSE Group’s Annual Report on Form 10-K and other periodic reports filed with the U.S. Securities and Exchange Commission. In addition, these statements are based on a number of assumptions that are subject to change. Accordingly, actual results may be materially higher or lower than those projected. The inclusion of such projections herein should not be regarded as a representation by NYSE Group that the projections will prove to be correct. NYSE Group undertakes no obligation to release any revisions to any forward-looking statements.

 



Contact: Christiaan Brakman
Phone: 212.656.2094
Email:  cbrakman@nyse.com