Chinese Banks In London

There is a story in the WSJ (sub req'd) that some of the Chinese banks may soon go public and that the LSE has plans to try to win these listings.

The LSE has been on my radar since last August. This article ties into a part of the story I touched on a couple of months ago about innovative products and access to new (for most Americans) markets.

For now trading in London is easy and difficult. Easy in that the securities listed there are easily quoted, easy to get information on and the markets are liquid. Difficult in that it might be very expensive (like at Schwab) or the order may not get handled properly the first time around (like at Ameritrade).

The bigger picture theme to this is that capturing returns in the future may mean being open to different ideas and a larger universe beyond what is currently comfortable.