This PE Firm Has Made Billions Buying Up Chinese Shell Companies

shan-xiangshuangAs hundreds of Chinese companies queue up to list on China's domestic stock exchanges, many are forgoing the long wait via a shortcut: back-door listings via reverse mergers. Eyeing the elevated demand for A-share shell companies, a Beijing-based private equity firm China Science & Merchants Investment Management Group (CSC Group) has bought up at least […]


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