London is working to make British listings by mainland Chinese companies faster and cheaper, aiming to fend off competition from Zurich for secondary share sales in Europe, Britain's trade commissioner to China, John Edwards, said.
Some Chinese firms interested in listing overseas have in recent years turned to Europe, as U.S.-listed Chinese companies have often found themselves caught in the currents of Sino-U.S. tensions.
Edwards said he thought London was "an obvious choice" for many Chinese companies "given the issues around the U.S.-China relationship." The London Stock Exchange is "actively looking at how they can address some of the issues," Edwards said.
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