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China ‘Basically Ready’ to Allow Foreign Firms to Sell Stock
Posted by: Beulahservice (IP Logged)
Date: November 14, 2011 03:23AM
Nov. 14 (Bloomberg) -- The Shanghai Stock Exchange said it’s “basically ready” to let foreign issuers sell stock, paving the way for companies from HSBC Holdings Plc to Coca-Cola Co. to list in the world’s second-biggest equity market.Trading should start “as soon as possible when the time is ripe,” Xu Ming, executive vice president in charge of the international stocks board, said in a Nov. 11 interview at the exchange. While there’s no timetable, the exchange has finished work on technological and regulatory requirements, Xu said.

Re: China ‘Basically Ready’ to Allow Foreign Firms to Sell Stock
Posted by: Phil76 (IP Logged)
Date: November 29, 2011 02:49PM
The formulation "basically ready" sounds like "not ready yet" to me.

Also chinese capital can can probably find it's way into foreign companies through the other stock exchanges already.

Re: China ‘Basically Ready’ to Allow Foreign Firms to Sell Stock
Posted by: Yue.Yue.Chen (IP Logged)
Date: December 20, 2011 03:11AM
spinning smiley sticking its tongue outHuawei for instance. I think so



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