Companies kicked off U.S. exchanges will just list their stocks in China, consulting firm says

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Fears of Chinese companies being kicked off U.S. stock exchanges will ultimately benefit China, said John Fildes of Bain & Company.

has driven quite a lot of Chinese companies to look at listings elsewhere.

"We're seeing the growth of the Star Market in Shanghai as well as the easing of some rules around ChiNext in Shenzhen that are making domestic listings more attractive," he said. Hong Kong is also "much more attractive" now, he said, noting that the exchange allows companies to list shares with weighted voting rights. That means certain shares confer more voting power than others. Bourses in Asia introduced the system, which is practiced in the U.S., to compete for initial public offerings.

 

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A nick kick to president XI as well is needed

....yes....we are not, and haven't been for a very long time, the only game in town.

Is it going to be on Shanghai exchanges? How does one get on to that? Is it the same as OTC?

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