It may not be so well known that one of the curiosities of a mainland IPO is that the chairman's wife will frequently become the vice-president of a sub-branch of the local bank. The chairman of a Hubei company that went public cheerfully told stcn.com that listing on the stock exchange was the means to a huge change in lifestyle for the chairman. His status rises, he told the Chinese website, and he becomes an important guest of the local government. "Going public brings both fame and money.
via Business feed http://www.scmp.com/business/article/1067529/importance-being-chairmans-wife
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