Russian ‘NASDAQ’ eyes Asian venture capitalists
August 27, 2016 ALEXEI LOSSAN, RBTH
In the near future, Russia’s Far East will have its own stock exchange, which is designed, among other things, to attract venture capital from Asian countries. In an interview with RBTH, Alexei Chekunkov, the head of the state-initiated Far East Development Fund, spoke about the prospects for potential investors in the region.
Another new area for us is the creation of a trading platform in the Far East, the Voskhod (Sunrise) investment system, which we call ‘Russia's NASDAQ.’ We are implementing this project in partnership with professional financial market participants – the RTS (Russian Trading System) non-profit partnership.
Why do you want to create a new stock exchange in the Russian Far East?
It is in the Far East that we can apply new business practices. New principles of state regulation are used in the region, which has no tax obstacles in the traditional sense.
https://rbth.com/business/2016/08/27/russian-nasdaq-eyes-asian-venture-capitalists_624635
they are using his platform to expand in Asia......
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