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06.12.2018 | 13:54
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Chinese allowed to enter PFTS's capital

AMCU allowed BOCE, Chinese commodity exchange, to by more than 25% in PFTS

The Antimonopoly Committee allowed Bohai Commodity Exchange Co., Ltd (BOCE) to buy more than 25% in PFTS, stock exchange.

It was reported by AMCU. 

Bohai Commodity Exchange Co., Ltd (BOCE) has already applied to AMCU to purchase more than 25% in PFTS, stock exchange, in April 2018. 

At the beginning of May, the AMCU refused Chinese stock exchange. 

In July 2017, Bohai Commodity Exchange Co., Ltd (BOCE) became known to buy Ukrainian Exhange. 

At that, Dragon Capital, which is shareholder of Ukrainian Exchange, confirmed the BOCE's intention to buy Ukrainian Exchange. 

"Negotiations started a year ago. The Chinese side is still evaluating the company and collecting data. We made, jointly with our partners, them an offer. They still didn't respond to it," Dragon Capital Director Denis Matsuev commented. 

BOCE is the largest commodities exchange in China which annual turnover amounts to USD 1 trillion. 

The company was founded in 2009 by private Chinese investors, some state-owned companies and Tiajin municipality, China. 

At the bginning of July 2017, BOCE won the tender and purchased 99.9% of UBRR, and paid out the stake in bank in full. 

The state budget received UAH 82.83 million. 

References in the article: amcu, boce, pfts
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