If the UK Chancellor wants a cautionary tale for his initiative to link London and Chinese stock markets, he should look to the Alternative Investment Market.
This week two of the 45 China-based companies quoted on London’s junior market have either had their operations suspended or their shares. They are just the latest of a long string of Chinese disasters on Aim.
JQW, which provides business-to- business web services to Chinese companies and claims to be second only to Alibaba, has been fined and barred by the Chinese authorities from doing business for a month.
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