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Post by bot on Dec 3, 2010 14:32:33 GMT -5
Shanghai Int'l Board launch eyed in 2011 Shenzhen might have the private companies, but Shanghai may be getting the foreign companies. Fang Xinghai, who is the director of the Shanghai Financial Services Office, says China may let foreign businesses sell shares on that exchange next year. His comment adds clarity to long-waited plans for a so-called International Board, which would be a step in the city's efforts to become a global financial center. Fang also expects approval procedures for listings to be simpler and faster than ... english.people.com.cn/90001/90778/90859/7219450.html
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