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CHINA

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Enterprises Head for Foreign Stock Exchanges: Five of 22 Chinese enterprises selected for listing on foreign stock exchanges this year will go to New York, with the bulk heading for Hong Kong, leaving London and other markets temporarily out in the cold. The five, announced recently by the China Securities Regulatory Commission, are: China Eastern Airlines, China Southern Airlines, Huaneng International Power Development, Shandong Power Plant and Tianjin Steel Tube.

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