Chinese companies finding credibility abroad

Domestic stock market turmoil may force more firms to seek overseas initial public offerings

Turmoil in China's domestic stock market may prompt more Chinese companies to consider listing overseas in mature markets like the United States and Europe, where share prices generally have less volatility, experts said.

Some Chinese firms looking to make an initial public offering, or IPO, may be scarred by the recent price falls on China's domestic exchanges, and instead look to Western stock markets where market dominance by institutional investors leads to less speculative trading.