When Chinese companies have listed stocks on American markets, their shares have lost an average 1 percent a year for the next three years, compared with an average 7 percent annual gain for other U.S. IPOs, according to research by Jay Ritter, a finance professor at the University of Florida. From 1993 to 2013, when China's economy grew nearly seven-fold from No.
Comment on Alibaba investors beware: History not on your side
By PAUL WISEMAN and MARCY GORDON, AP Business Writers, Seattle Post-Intelligencer: Business
Tue, 09/16/2014 - 12:05am
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