EQUITIES - Taking stock of where to list

Regional and international stock exchanges are salivating at the thought of new listing potential in Asia, and especially China. But with tighter regulations in the US, and increasingly in Europe, the appeal of international exchanges is beginning to suffer. Meanwhile, competition is heating up in Asia, as Singapore vies to get Chinese companies to debut on its turf, while Beijing wants future privatizations to list on both the Shanghai and Hong Kong stock exchanges. Richard Morrow reports on a changing environment for prospective issuers.