Jersey Finance attended the China Business Conference in London to emphasise the importance of Jersey to enable investment by Chinese companies into the UK.
Before 2008, 25 per cent of Chinese companies listed on AIM were incorporated in Jersey, with the number now having risen to around one third. With the ability to trade shares directly through CREST and also as an approved jurisdiction for listing on the Hong Kong Stock Exchange, Jersey is one of the leading international finance centres used for listings.
The conference, organised by the China-Britain Business Council, was attended by more than 500 delegates. The event focused on the impact on the rapid transformation of both the Chinese and global economies and the significant opportunities created for British companies as a result.
With China at the beginning of a huge level of outward investment, Jersey is well placed to forge long-term relationships with Chinese companies to help them navigate a less familiar stakeholder and regulatory landscape in the UK.
Geoff Cook, Chief Executive of Jersey Finance, said: “With the largest number of FTSE 100 companies registered outside the UK, Jersey is one of the most efficient ways for Chinese companies to invest in the United Kingdom.
“A recent study by Capital Economics found that Jersey channels £118 billion of investment into the UK every year, and with our efforts to increase our ties with China I can only see this increasing in the coming years.”
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