The non-domestic appetite for Chinese company shares is growing as China relaxes the rules and both investor relations from Chinese companese and research about them improves
Several years ago, in the NYSE’s dining room, I watched an amazing display of backslapping as Dick Grasso, then CEO and chairman of the exchange, played host to former Chinese president Jiang Zemin.‘Why, there could well be 3,000 Chinese companies listed on the Big Board by the year 2000,’ Grasso predicted, ‘and that would double the NYSE’s roster of listed companies.’ ‘Never mind 3,000,’ Jiang burst out, ‘why not 30,000?’ On that
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