Market Currents
Chinese companies are beginning to feel the pinch from listing their shares on U.S. bourses....
-
Tuesday, August 14, 2012, 8:03 PM ETChinese companies are beginning to feel the pinch from listing their shares on U.S. bourses. Rife with accounting scandals and clashes about oversight, some are now looking to pull out and head for home, and with the blessing of Chinese authorities. One Chinese state bank has reportedly provided $1B in loans just to help companies with listings abroad move them to Chinese domestic exchanges.
Other date
Latest Global Articles
This news story has 4 comments:
The Russians are quite simply more adept than the Chinese. Always have been.