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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong6/1/2011 6:44:47 AM
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Coca-Cola Considering Shanghai Listing
By Frank Longid - Jun 1, 2011

Coca-Cola Co. (KO), the world’s largest soft-drink maker, is in discussions with China’s government as it considers a listing on Shanghai’s stock exchange, the company’s Asia spokesman said.

“We are interested in exploring the opportunity of listing our stock on the Shanghai stock exchange,” Geoff Walsh, Coca-Cola’s Hong Kong-based public affairs and communications director for Asia, said in an e-mailed reply to queries.

“We need to better understand the regulatory framework and listing requirements,” he said. “We continue to have positive discussions with Chinese government officials as we look at this opportunity.”

bloomberg.com
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