Released on: Aug. 22, 2012
Taken from the briefing U.S.-Listed Chinese Companies: Enforcement and Accounting Issues recorded August, 2012.
Until recently, the many Chinese companies seeking to “go public” in the United States did so through reverse mergers. Compared to the traditional IPO process, reverse mergers offered significant cost and speed advantages for Chinese companies hoping to list on U.S. exchanges and access the U.S. capital markets. ...