NEW YORK, Oct. 18, 2006 (PRIMEZONE) -- New York Global Group (NYGG), a full-service global investment banking and strategic consulting firm with a decade of experience and expertise in bridging the cultural and regulatory gaps between the U.S. and Chinese markets, will host a trade delegation tour comprised of leading U.S. and China-based investment banking and legal experts to three major Chinese cities including, Beijing, Chong Qing and Tsingtao.
The delegation was invited by the Investment Association of China, an affiliate of the China Development & Reform Commission, a Chinese ministry under the Cabinet.
"New York Global Group is pleased to be recognized as a leader in bridging U.S. and China capital markets by the Chinese government. During our last delegation to China in September, NYGG was named the best foreign investment banking firm serving China's middle market by the China Securities Daily. As a market leader in China's rapidly growing middle market sector with almost 10 years of China presence, NYGG enjoys an honorable reputation within the business community serving China," said NYGG President Benjamin Wey. This marks the 3rd China delegation that NYGG have hosted in 2006.
During the course of the tour, the trade delegation will promote trade relations with the goal of increasing mutual understanding of economic opportunities between the China and the U.S. The delegation will meet with senior Chinese government officials, scholars and business owners to discuss current and future market dynamics and trends.
The delegation will also be visiting and speaking to staff and students at three major Chinese universities, including:
-- Renmin University -- Beijing -- Chong Qing University -- Chong Qing, SiChuan -- China University of Petroleum -- Dongying City, Shandong Province
About New York Global Group
New York Global Group (NYGG) is a full-service global investment banking and strategic consulting firm with almost a decade of experience and expertise in bridging the cultural and regulatory gaps between the U.S. and Chinese markets. In China, NYGG provides investment banking, research, due diligence and market entry related services through its Beijing subsidiary New York Global Capital Investment Consulting, Ltd. (NYGC China), which has one of the largest due diligence staff among all U.S. firms doing business in China. NYGS, a subsidiary of NYGG, provides investment banking and institutional equity research services in the U.S. In 2006, New York Global Group was named the "best foreign investment banking firm in China serving China's middle markets" by the China Securities Daily during China's 2nd Annual Securities Industry Conference. For more information visit: www.nyggroup.com