Reported by ChinaBio Today, Novartis (NYSE: NVS) is contemplating a China IPO (see story). Although such an event would have been inconceivable a few years ago, it may very well happen. By the end of 2012, the Shanghai stock exchange hopes to open an international section for foreign multinationals with an interest in China, which will be initially available for just ten companies. Reportedly, Novartis has been talking to China officials about being a member of the first group.
Reported by ChinaBio Today, Novartis (NYSE: NVS) is contemplating a China IPO (see story). Although such an event would have been inconceivable a few years ago, it may very well happen. By the end of 2012, the Shanghai stock exchange hopes to open an international section for foreign multinationals with an interest in China, which will be initially available for just ten companies. Reportedly, Novartis has been talking to China officials about being a member of the first group. 
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