FRANKFURT/Main, Germany--(BUSINESS WIRE)--Kinghero AG (DE000A0XFMW8), the German Holding Company of the Chinese Kinghero Group, today celebrated its IPO and opened for continuous trading on the Frankfurt Stock Exchange. The IPO raised 15 million euros in gross proceeds. The issue price was 15.00 euros, and the first trading price stood at 15.00 euros.

Kinghero Group is mainly active in the Peoples Republic of China (PRC). It designs and manufactures apparel for the growing urban middleclass in China. Kingheros AG’s registered office is in Munich, Germany. Mr Zhang Yu, Chief Executive Officer of Kinghero Group, said, “We are very excited that Kinghero has reached a major milestone in the company’s history. The proceeds of the issue are to be used for further funding of our strong growth. The IPO in Frankfurt will in addition strengthen the European appeal of the Kinghero brand and increase market awareness.”

“We welcome the opportunity to offer Kinghero Group a cost-efficient access to the European capital marketplace,” said Alexander Höptner, Head of Xetra Markets Services. “So far, 23 Chinese companies are listed in Frankfurt and around 500 Chinese securities are tradable here. Chinese companies enjoy highest liquidity, unparalleled services and the brand visibility associated with listing on the Frankfurt Stock Exchange”.

Entry Standard is a segment within the Open Market of the Frankfurt Stock Exchange. It is open for all companies seeking access to the capital market and wishing to include their shares in trading easy and in a time-efficient way while meeting a minimum set of formal requirements. It is particularly attractive for young and established small- and mid-caps. There is no sector focus or restrictions regarding the size of a company.

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Deutsche Börse is one of the world’s leading and only fully integrated exchange organizations, located in the center of Europe. It is offering a wide range of products and services which covers the whole process chain of securities trading. Over 10,000 companies from over 70 countries are now traded on Deutsche Börse.

To get the best out of Deutsche Börse and the European capital market Deutsche Börse provides different market segments which are designed to meet the different capital needs of companies and their investors from around the world. Prime Standard segment has the highest level of transparency in Europe. General Standard offers minimum EU-regulation. Companies in the Entry Standard benefit from low cost and flexible access.

Deutsche Börse is a reliable partner for Chinese companies. It is organizing a number of capital market events and listing seminars in China in collaboration with its Listing Partners. Upcoming events are posted on the Deutsche Börse Chinese website. From 22 to 24 November 2010 the German Equity Forum held in Frankfurt will once again have a special focus on China. For more information please visit: www.deutsche-boerse.com > listing.

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