The founder of New York Global Group, Benjamin Wey, has been at the center of bringing a number of Chinese companies public.
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Chinese companies are now also working with public North American and European companies to develop oil and gas fields.
The burst in new issues was not primarily a result of fortunate proximity to the liberalizing Chinese economy and its new public companies.
The window is nearly shut for Chinese companies to go public in the U.S. while shares of listed Chinese stocks on NASDAQ and the NYSE are bottoming out.
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Or how about Ruby Lu of DCM, who funded three Chinese companies that went public in the U.S.: Amazon-plus Dangdang, car web site BitAuto and outsourcing firm VanceInfo.
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But recently, two larger Chinese companies, who went public in the United States via more traditional IPO methods and with the help of more prestigious investment bankers, have also been accused of fraud by short sellers.
In recent years, the Chinese government has banned tobacco companies from public advertising and from sponsoring sports and cultural events.
Investment returns in China startups have far outperformed those in India, and many more young Chinese companies are set to go public this year.
Many Chinese management teams that are taking their companies public in China or in overseas capital markets do not understand what is required to run a publicly listed company.
Qiming Ventures has five Chinese portfolio companies in the cue to go public soon: ramped up car rental service eHi from Shanghai, dating site Jiayuan, online video programming PPLive, social networking service Kaixin001 and kids entertainment site Taomee.
Now the CEO and chairman of Proteus Capital, he does "reverse takeovers, " offering U.S.-based shell companies to Chinese firms seeking an expedited public listing on American exchanges.
Chinese companies were first allowed to sell shares to the public just 20 years ago, compared with the centuries that Western stock markets have had to develop.
Chinese companies have compounded the damage by being overly conservative in their public communications.
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Half those qualify as Chinese companies backed by U.S. venture capital funds that went public on U.S. exchanges, according to data released by the National Venture Capital Association (NVCA).
My own recent experiences with Chinese companies have forced me to add an additional reason: sending kids to United States public elementary schools.
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As Light in the Box moves toward going public in the U.S. at a time when few venture-backed Chinese companies are getting out of the gate, it helps to have a strategy that Wall Street can grasp.
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