With the market for initial public offerings opening up again, the scramble among bourses has started for the hundreds of Chinese companies planning to list to raise capital.
Small and medium-sized companies in China have in recent years opted to list on global exchanges. But now the fightback has started among Asian countries to grab a slice of the action – not least from China itself.
China appears ready to establish an equity market on its Shenzhen stock exchange for small and medium-sized companies, along the lines of London's Alternative Investment Market (Aim).
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