An increasing number of Chinese companies are looking to float on Western stock exchanges – and could approach brokers and advisers in the Midlands to help them do it.
Following the stock market stumble in Shanghai in February, an increasing number of firms in the Far East are looking to broaden their base of investors.
While some firms have dual listings on the Singapore exchange, others are seeking listings in London as ways to raise their profile and also money to expand their businesses.
Wang Jun, a vice director of the China Council for the Promotion of International Trade (CCPIT) in Jinan, Shandong Province, said: "Many Chinese firms are looking to have their shares on the British market.
"At present there are 107 Chinese companies on the Singapore exchange, 80 of which are from Shandong.
"Many want to go to London to raise their profile and raise money to grow. We would need advisers to help us do this. They may not need to be in London necessarily and we could look for some in the Midlands if there are some who could help us.
"China has become increasingly international as well, since the country joined the World Trade Organisation."
At present there were about 1,700 companies on the Shanghai market, but there was a limited number of investors at present.
As part of this firms were looking to float on Singapore, Hong Kong, Wall Street, the Paris and Japanese markets.
Companies would range in size from large firms to medium-sized concerns and SMEs, said Mr Wang.
Stockbrokers Arden Partners in Birmingham has already helped some Indian firms seek London listings, while others could help.
Meanwhile Mr Wang said the chambers of commerce in eastern China were uniting to provide a single point of contact for foreign firms looking to invest in the region.
The 11 CCPIT around the Bohai Sea have spoken about a regional co-operation agreement similar to arrangements around Yangtze River and Guangzhou in the south of the country.
At present 23 of the Fortune 500 companies are already in Jinan, a city of nearly six million people, including Pepsi and Microsoft, while in 2005 the value of import and export trade into Shandong province increased by 26.5 per cent to $76.89 billion.
By working together, Mr Wang said he hoped to attract more.
He said: "The Premier has decided this region is very promising area for economic development in the next ten years. It covers several large cities from Beijing, Tianjin, into Shandong and inner Mongolia.
"In the past there were some problems because the CCPIT did not know each other, but by working together they hope to boost promote international investment and co-operation.
"We will look to share to share information and have conferences so each of the members know each other. It will hopefully attract more international delegations to the region by the greater help we will be able to provide.
"Hopefully some of them will be from the West Midlands where we have built up strong links over the last ten years."