In the news: Focus Media seeks Shenzhen backdoor listing, groups voice out against draft NGO law and the textile industry faces pollution pressure

This week Focus Media reached a Rmb45.7 deal with Jiangsu Hongda New Material, human rights and US business groups criticised China's draft NGO law and leading clothes brands tackled wastewater pollution

5 minute readJune 09, 2015 at 09:48 AM

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Focus Media seeks Shenzhen backdoor listing

Shanghai-based advertising company Focus Media reached a Rmb45.7 billion (US$7.4 billion) deal for a listing on the Shenzhen Stock Exchange last week. The deal values the company at about double

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