China Revives London Stock-Listing Program

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Years in the making, Shanghai-London Connect has produced only one listing so far—but now a Chinese insurer plans to sell depositary receipts in London

China Pacific Insurance Co. said late Tuesday that China’s market regulator had approved its planned listing in London. The group’s shares already trade in Shanghai and Hong Kong, and it has a market value of about $33.

8 billion, according to FactSet.

 

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Good luck.韭菜。Be careful of the sickle.

It’s always seen as a privilege to list in New York. London was sort of second class. But US wants to pull the plug on Chinese companies. So the pending exodus to London and return to Hong Kong. It’s bye bye USA.

JoeBiden just as long as Hunter gets a cut!

Be careful what you swallow, London.

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