Launching of board eyed for 'overseas returns'

Almost always in the past decade, when the A-share market curved toward a bullish cycle, calls for overseas-listed companies such as China Mobile to return to the A-share market become strong.

No doubt this year, when the Shanghai Composite Index almost doubled since the tough period of late last year, speculation is on the rise that China's security regulator might take it as an opportunity to build up the fundraising capacity of its A-share market - in the form of setting up an international board to accommodate "overseas returns".

All signs indicate that, this time, it could be true, because Shanghai Mayor Tu Guangshao, vice mayor of Shanghai, said in a recent interview that the international board is expected to be launched next year.