London is working to make British listings by mainland Chinese companies faster and cheaper, aiming to fend off competition from Zurich for secondary share sales in Europe, Britain's trade commissioner to China, John Edwards, said. Some Chinese firms interested in listing overseas have in recent years turned to Europe, as U.S.-listed Chinese companies have often found themselves caught in the currents of Sino-U.S. tensions. The London Stock Exchange and British officials are ramping up efforts to build a robust pipeline of Chinese firms, trading on London's status as Europe's deepest capital market.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Britain’s biggest listed companies now make more money in America than at home, according to a review of market data.