GE, Vale have inquired about listing in China - CLSA
Asia-focused brokerage CLSA said General Electric and Brazilian miner Vale SA and several other companies have inquired about listing in China.
Quite a few companies have made inquiries, including G.E. and Vale. They are all quite interested in listing (in China), CLSA's China Chairman Wu Changgen, told reporters.
They expect the Asia market to be deregulated, he said, adding that CLSA had introduced Vale to Chinese fund managers.
CLSA plans to start offering brokerage services in China early next year through its China securities venture, which will be renamed Fortune CLSA.
(US$1=6.832 Yuan)
(Reporting by Samuel Shen and Jacqueline Wong; Editing by Ken Wills)
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