Focus shift on trading places

A total of 342 Chinese companies listed outside of the Chinese mainland and Hong Kong, raising $27.8 billion (22 billion euros) between 2002 and 2011, of which 155 companies listed on other Asian exchanges, primarily Singapore, 135 listed in North America (excluding secondary listings), and only 52 listed on European exchanges, according to data analysis firm Dealogic.

By value, the majority of the capital, $18.8 billion, has been raised in North America compared with $6.1 billion on Asian exchanges and only $2.9 billion in Europe.
So why have the US markets been historically so popular for Chinese companies and why has Europe not attracted more Chinese companies to its markets? A number of factors have shaped this overseas listing landscape for Chinese companies.