China: Shareholder Peter Halesworth feels entitled to more, according to Bloomberg. Haiyan Gong, formerly co-chairwoman of Jiayuan.com International Ltd., wants to take advantage of China hot equity market by moving the stock out of New York to an exchange there. Photographer: Frederic J. Brown/AFP/Getty Images Share on Facebook Share on Twitter Share on Linked InShare on Reddit Share on Google+E-mail China largest online matchmaking site has surged 60 percent since its founder offered to take it private. While she raised her bid to $7.20 from $5.37 per American depositary receipt, that still far short of the $11 listing price in 2011. While the takeover bids often lead to rallies, some U.S. investors say the offers don’t reflect the stocks’ real worth and deprive them of opportunities to benefit from the companies’ longer-term growth. Halesworth, the founder of Heng Ren Investments, which invests in Chinese companies, said the offer shortchanges shareholders by at least 63 percent.A record 23 companies have received offers to delist since the beginning of the year, aiming to return to China local exchanges to get higher valuations.
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