Outbound yuan fund may exit companies by listing in China
By Karen Yip and Cai Xiao | China Daily | Updated: 2011-03-29 07:52
BEIJING - The first China-outbound renminbi fund may seek exit strategies in its invested companies by listing them on the stock exchanges in Europe, Hong Kong or the proposed international board on the Shanghai Stock Exchange, according to Andre Loesekrug-Pietri, chief executive officer and managing partner of European-owned private equity group A-Capital Asia.
The potential listings are seen as a platform to gain an edge in the huge potential of Chinese economy, he said.
"We hope to see more," he said, referring to the potential initial public offerings. This trend will be influenced by the increased outbound and inbound flows of funds and cooperation between Chinese and foreign investors.
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