日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Europe

Report: Companies must clean up acts

By Cecily Liu | China Daily Europe | Updated: 2017-08-11 09:37
Share
Share - WeChat

Group says corporate governance must improve so businesses can win confidence of investors and encourage listing in London

Chinese companies will have to improve their corporate governance if they are to earn the confidence of United Kingdom investors, an influential report says.

The China City Group, which comprises business leaders and companies from the UK, aims to stimulate international investment in Chinese companies, as well as encourage them to list on the London markets.

Led by John McLean, chairman of China Resolutions, an investment management firm, the group believes Beijing regulatory authorities should better supervise Chinese companies.

It urges them to follow international corporate governance rules if they aim to list overseas.

"I genuinely believe that we can achieve momentum rapidly and that our shared vision will bring benefits for China and the UK," says McLean, who is chairman of China City Group.

"What we are suggesting are practical steps to ensure that the UK has reasons to be confident in the 'China brand'," he adds.

The report is in response to declining investor confidence in London-listed Chinese companies.

There were 110 mainland company listings in London between 1997 and 2016.

By the end of last month, only 35 remained. The majority delisted due to corporate governance issues or a lack of investor trust.

Another reason for delisting has been poor share price performance in a bull market because of waning market confidence.

Lu Yingni, managing director of EcoLeap, a London-based consultancy that advises on Sino-UK deals, says that many Chinese companies listed in London are relatively young and small.

They also lack stringent corporate governance policies, he says.

"Bad publicity resulting from some Chinese companies' fraudulent practices has significantly lowered investor expectations, so the willingness to buy Chinese shares is low," Lu says.

"That creates a vicious cycle, meaning healthy, high-growth Chinese companies are less likely to consider a London listing."

McLean confirms that China City Group will liaise with Chinese regulators, who can then help to supervise mainland companies and hold them accountable to international investors.

However, many in the City of London doubt that such measures can be achieved.

Xue Haibin, managing partner of Zhong Lun Law Firm's UK subsidiary, says it is unrealistic to expect Chinese regulators to perform these functions.

"It is a good idea to increase discussions with Chinese companies to make sure they understand best corporate governance practices," Xue says. "But enacting regulatory measures would be too much of a stretch.

"As London is such a free market, any regulatory frameworks that single out Chinese companies would be unrealistic," Xue adds.

[email protected]

(China Daily European Weekly 08/11/2017 page27)

Today's Top News

Editor's picks

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩综合在线视频 | 五月天激情视频在线观看 | 国产精品每日更新 | 精品小视频在线观看 | 欧美一区二区在线视频 | 国产五月色婷婷六月丁香视频 | 亚洲成年网站在线777 | t66y最新地址一地址二69 | 亚洲成色www久久网站 | 牛牛a级毛片在线播放 | 国精品一区| av在线电影网 | 99精品视频免费在线观看 | 日韩成人免费av | 国产色婷婷亚洲99精品小说 | 欧美一区二区三区免费视频 | 亚洲 欧美 另类 综合 偷拍 | 性做久久久久久 | 大片免费看费看大片 | 最新欧美精品一区二区三区 | 成人黄色免费网站 | 亚洲精品乱码久久久久久v 国产高清免费视频 | 日本亚洲视频 | 五月天色婷婷综合 | 日韩欧美国产精品 | 欧美三级电影在线观看 | 波多野结衣视频免费观看 | av国产片 | 日日摸夜夜摸人人嗷嗷叫 | www色网站| 午夜精品视频在线观看 | 十八勿入 | 免费a级在线观看播放 | 夜夜操天天操 | 日本午夜在线 | 中文字幕在线观看电影 | 亚洲精品一区久久久久久 | 欧美亚洲国产另类在线观看 | www国产成人免费观看视频,深夜成人网 | 久久精品国产一区二区电影 | 国产精品久久久久影视青草 |