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Chinese puzzle for AIM investors

posted Oct 20, 2009, 6:58 AM by Yale ReiSoleil   [ updated Oct 20, 2009, 9:57 AM ]
Robert Tyerman

Spectacular corporate debacles, such as lottery operator Betex and business park developer Canton Property Investments, have damaged perceptions of Chinese companies on AIM, ... But investors can still find sound, well-run companies among them.

Just as China has been a magnet for many British businesses, so London’s junior stock market has become a magnet for Chinese companies seeking to attract Western capital. Even now, after the credit crunch and recession have changed many perceptions and rudely interrupted China’s serene growth path, Malaysian Chinese entrepreneur Adrian Yong is understood to be contemplating raising £25 million on AIM for his CSF data centre concern. Meanwhile, there is talk that Junhong Xiong, head of Chinese pig farm and pig feed company Agfeed Industries, already quoted on the US Nasdaq market, might be looking at London, too.

... more at http://www.growthcompany.co.uk/features/1076857/chinese-puzzle-for-aim-investors.thtml

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