The writing is on the Great Wall: the Chinese government doesn't want China's jewels of industry going offshore to list on foreign exchanges anymore. By using a multi-layered channel of regulatory control, it is steering the best companies to stay in China and, if appropriate, list on a Chinese mainland exchange.
A-Shares for your next exit(2)
In the past, private equity-backed Chinese companies often listed in London and New York. Now the smart money is on well-designed "onshoring" strategies instead, writes Robert Abbanat.
