Leapfrogging the IPO gridlock: Chinese companies get a taste for reverse takeovers
May 05, 2016 at 19:00 PM EDT
HONG KONG, May 6 (Reuters) - Chinese firms looking to jump a massive queue of companies seeking to do initial public offerings (IPOs) and start trading their shares on the Shanghai or Shenzhen markets are increasingly going through the backdoor by taking control of companies that already have coveted listing status.