They do. But when they first wanted to float, the IPOs are basically halted in China back then by Chinese ASIC. ASX looks a good place to float because they didnt need much capitals. I believe they will soon return to mainland given current chinese market condition. However, for the same reason, the IPO waiting list in China is very long atm. A lot of young companies are trying to grab the opportunity.
NNW Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held