Caixin OnlineFinance & EconomicsTop Stories Finance CDB Helps Chinese Firms Return Home
07.20.2012 18:57

CDB Helps Chinese Firms Return Home

Policy bank aid companies delist overseas, go private and then join bourses in the mainland or Hong Kong
By staff reporter Zhang Yuzhe
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(Beijing) – China Development Bank (CDB) and its investment subsidiary plan to help Chinese companies listed overseas go private and relist on domestic or Hong Kong bourses.

The policy bank's Hong Kong branch has already provided a US$1 billion loan to help Chinese public companies leave the U.S. stock market to return to domestic markets, a process also known as public-private-public (PPP), a CDB source said. 

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