Corporate
Mar. 14, 2013
Lawyers help take Chinese companies private
Three years ago, investors were abuzz over a new wave of Chinese companies joining U.S. exchanges. But that wave hit a wall last year and it's now ebbing in the opposite direction with many of those same Chinese companies going private.
Daily Journal Staff Writer
Three years ago, investors were abuzz over a new wave of Chinese companies joining U.S. exchanges. But the tide turned last year as many of those same companies began going private amid tumbling share prices and waning investor appetite. And California deal lawyers said they expect the trend to continue.
In 2010, a whopping 39 Chinese companies went public in the U.S. through initial public...
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