Regulations in China related to outgoing foreign
investments are gradually loosening. As a result,
investor relations executives at Western corporations
are increasingly questioning if and how they should
attract Chinese institutional investors. In an effort to
analyze this issue, AMO, the international network of
financial communications agencies, of which Abernathy
MacGregor is a founding member, recently conducted a
survey among investor relations professionals at 71 listed
multinational corporations in 12 countries
True story: Federal agencies raided a for-profit college’s
multiple campuses. Yellow police tape surrounded
the administration buildings. Uniformed agents filled
moving trucks with file cabinets and computer terminals.
Everything came to a stunned halt.
A major corporate press release takes lots of work, lots of people: PR people, IR people, inside counsel, outside counsel, executive management, maybe investment bankers, maybe the board of directors. Say 30 to 100 person-hours, spread over a week, costing between $10,000 and $40,000.
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