Bloomberg Expands Services in China

Document Sample
Bloomberg Expands Services in China Powered By Docstoc
					Bloomberg Expands Services in China
Renowned Data, Analytics and Financial News by Bloomberg Now Available in Chinese to Growing Financial
Sector

October 24, 2010 09:03 PM Eastern Daylight Time  

BEIJING--(EON: Enhanced Online News)--Bloomberg L.P. today announced the expansion of its Chinese-
language Bloomberg Professional® service and its real-time Chinese-language financial news service, providing its
accurate and trusted business information to China's growing financial sector.

Bloomberg has established itself as a trusted financial news, data and analytics provider for China’s financial
markets. The Bloomberg Professional service delivers fast and reliable access to the latest financial news, market
data, and economic information critical to the investment decision process, in simplified and traditional Chinese.

Bloomberg provides hundreds of translated Chinese-language business news stories daily covering stocks, bonds,
foreign exchange, commodities, government regulations, real estate and other financial news from China and around
the world.

The Bloomberg Professional service also offers subscribers:
*A comprehensive Chinese-language information system with extensive local and international data and search
engine;
*A unique fixed income platform for viewing China’s corporate and government bond prices and yield curves in
real-time;
*A state-of-the-art platform to view China’s foreign exchange, money-market and interest rate swaps in real-time;
*Calculators and rate fixings for China’s interest rate swap market

"We have a long-term commitment to and understanding of doing business in China, and this is our latest investment
in expanding product offerings in this important market," said Peter Grauer, Chairman of Bloomberg L.P.
"Bloomberg subscribers in China have access to more extensive real-time financial news, data and analytical tools
that are used by the world's most influential finance and business professionals."

Bloomberg L.P. recently announced that sales of the Bloomberg Professional service have reached an all-time high
of more than 295,000 subscribers worldwide.

"Bloomberg is the information system of choice for people with the most at stake, and we are committed to
providing timely financial news stories in the native languages of vital markets, especially in China, with the world’s
largest foreign currency reserves,'' said Matthew Winkler, Editor in Chief of Bloomberg News.

China is one of several countries in which Bloomberg offers local language headlines and stories in real-time,
including Brazil, Germany, Japan, and Russia, demonstrating the service's continued global expansion.

Bloomberg customers in China, who work at the top financial firms, have reacted positively to the Chinese-language
service:

“As a Bloomberg terminal user for 15 years, I am delighted with the everyday improving financial news service they
provide us, and more today in Chinese language,” said Mr. Yong WANG, Deputy General Manager of Financial
Market Dept, China Construction Bank.

"I have been using Bloomberg for over ten years, and recently began to use Bloomberg resources including
international and local business news via my iPhone," said Mr. Jiafu WEI, the Chairman of COSCO Group.
"I've been using Bloomberg Professional service for years, browsing the comprehensive global intelligence, financial
data and company business news. I'm so excited to hear Bloomberg's plans to expand its Chinese-language financial
news service, which I will benefit from even more," said Mr. Qing WU, Director of Oversea Market Development
Dept, CHALCO.

Bloomberg L.P. has doubled the number of staff in China and has moved into new and expanded office space in
Beijing and Shanghai.

"Our expansion in the major financial and policy hubs of China this year underlines our commitment to providing real-
time breaking financial news from around the world in Chinese," said Chris Collins, Executive Editor for Bloomberg
News in Asia.

For more information about Bloomberg’s Chinese financial news service and the Bloomberg Professional® service,
please contact Samuel Chan at +86-10-6649-7544 or call Bloomberg’s 24/7 customer service at +86-10-6649-
7500.

About Bloomberg

Bloomberg is the world's most trusted source of information for financial professionals and businesses. Bloomberg
combines innovative technology with unmatched analytics, data, financial news, display and distribution capabilities,
to deliver critical information via the Bloomberg Professional® service and multimedia platforms. Bloomberg's media
properties span television, radio, digital and print, making up one of the world's largest financial news organizations
with more than 2,300 media professionals at 146 bureaus in 72 countries. For more information, please visit
http://www.bloomberg.com.

Contacts
Cognito Asia for Bloomberg L.P.
Anne Karumo, +65 811 264 09
anne.karumo(at)cognitomedia.com
or
Bloomberg Professional
Pam Snook, +1.212.617.7652
pamsnook(at)bloomberg.net

Permalink: http://eon.businesswire.com/news/eon/20101024005114/en

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:31
posted:10/25/2010
language:English
pages:2
Description: BEIJING--(EON: Enhanced Online News)--Bloomberg L.P. today announced the expansion of its Chinese-language Bloomberg Professional® service and its real-time Chinese-language financial news service, providing its accurate and trusted business information to China's growing financial sector. Bloomberg has established itself as a trusted financial news, data and analytics provider for China’s financial markets. The Bloomberg Professional service delivers fast and reliable access to the latest finan a style='fon
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.