The authority for London’s Square Mile financial district can provide opportunities for Chinese firms to secure customers and funding in the UK and drive them to list in the city via its connect scheme with Shanghai, Hayward said.
London is seeking to attract more Chinese firms to list on its stock exchange as the city struggles with a shrinking equity market and a deal drought across Europe.
“We need to get more IPOs happening in London,” Chris Hayward, policy chairman of the City of London Corp, said in an interview from Shanghai. “We don’t want to lose business across the Atlantic.”
