ABOUT FACE: Just a few years after Chinese companies lined up to sell shares on Wall Street, a growing number are reversing course and pulling out of U.S. exchanges.
OFFICIAL BACKING: In a sign of official encouragement, a Chinese business magazine said a state bank has provided $1 billion in loans to help companies with listings abroad move them to domestic exchanges.
ACCOUNTING QUESTIONS: The withdrawals follow accusations of improper accounting by some companies. Some Chinese companies also say they are pulling out of U.S. markets because they believe their share prices fail to reflect the strength of their business.
