Morgan Stanley proposes new China board for multinational listings

Morgan Stanley proposes new China board for multinational listings

A pedestrian is reflected in the exterior of Morgan Stanley headquarters in New York, U.S., on Thursday, July 12, 2018. Photographer: Bess Adler/Bloomberg

The head of Morgan Stanley’s China securities business proposed the setting up of an international board in China to allow offshore-listed Chinese companies and foreign firms to list in the domestic market.