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Strategies & Market Trends : Currents of Currency

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From: The Wharf	8/14/2012 10:39:32 PM
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A Chinese man walks past a TV advertising screen by Focus Media Holding Ltd. on display near an apartment lift in Beijing Tuesday, Aug. 14, 2012. Just a few years after Chinese companies lined up to sell shares on Wall Street, a growing number are reversing course and pulling out of U.S. exchanges. This week, Focus Media Holding Ltd., announced its chairman and private equity firms want to buy back its U.S.-traded shares and take the Shanghai-based advertising company private. The deal would value Focus Media at $3.5 billion, according to financial information firm Dealogic Read more: http://www.sfgate.com/news/article/Chinese-companies-pull-out-of-US-stock-markets-3786216.php#ixzz23Zv3MhRq So begins the big question of why?

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