Postcard From No 528

International board: a Barmecidal feast?

  • Published 17 Sep 2009

Hopes that an International Board for foreign companies may be launched on the Shanghai Stock Exchange are examined in the cold light of the law.

We have heard all this sometime before…about a decade ago, in fact, and at that time we generally believed it. Talk that foreign companies would be allowed to list on the Shanghai stock market isn’t new at all. In the late 1990s, the idea was developed enough for companies such as Unilever to be regularly mentioned as “topping the list” of foreign companies that would “soon” make their debut in Shanghai. Of course, it never happened. But the question before us now is whether we should use up any more of our credence this time, only to risk it being wasted again?

Issue icon

Latest Issue

12 Jan 2012

Browse the archive

Get two weeks free trial Subscribe now to access all of China Confidential

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Find out more