Risks of U.S. Listings by China's Companies

(整期优先)网络出版时间:2015-01-11
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CHINAistheonlyoneoftheworld'sthreelarg-esteconomiesinwhichasignificantnumberofitsmostimportantcompaniesarelistedonsharemarketsoutsidedirectregulatorycontroloftheirhomecountry'smainfinancialadministration.AlmostallmajorU.S.companiesarelistedintheU.S.ThesameappliesinJapan.ButmanyChinesecompa-niesarelistedinHongKong,partofChinabutwithseparateregulationandcapitalmarketsfromChina'smainlandeeonomy.FurthermoreasignificantnumberofChinesecompaniesarelistedinLondonandtheU.S.