Frozen out of the European Union trading market, the Swiss stock exchange has turned to a new source of business: the indirect listing of Chinese company shares.
For SIX Group, which runs Switzerland’s largest stock exchange, the arrival of Chinese companies could provide a welcome boost to trading revenues. In 2019, the exchange was banned from trading European Union company shares following a diplomatic impasse between Switzerland and the EU.
Great, helping China pay for Russian oil. And then we wonder why everybody calls us the bad guys