Chinese companies retreat as US scrutiny mounts

Chinese companies are deserting US stock markets in record numbers as regulatory scrutiny mounts and the advantages of a US listing slip away.

US government investigations of suspect financial reports and battered share prices have for many Chinese companies wrecked the chances of raising new money in the United States and given them little reason so stay, China experts said.

via Business feed http://www.scmp.com/business/companies/article/1128536/chinese-companies-retreat-us-scrutiny-mounts