The number of Chinese companies listing in New York and London is set for a big jump this year, in spite of tighter offshore listing regulations introduced by the communist government in Beijing. Eric Landheer, head of Asia Pacific for Nasdaq, said that up to 35 Chinese companies were expected to list in the US this year – equal to the total for the past three years – including IPOs and upgrades from smaller boards. This month three Chinese companies – Qiao Xing Mobile, a mobile phone maker, Acorn International, a TV marketing company, and LDK Solar, a solar panel maker – are together raising close to $1bn in New York, almost equal to the entire amount raised in IPOs by Chinese companies in the US last year. LDK Solar is hoping to raise up to $600m, which will make it the largest US IPO by a Chinese company since November 2004.

