Chinese HR firm eyes offshore listing by 2010

China Talent Group, a Chinese human resources company, is planning to list on an offshore exchange by 2010, president Li Hao told China Business News. The company has already completed two rounds of financing. It will use the combined US$18 million raised in 2005 and 2007 to boost the number of its outlets to 200. Industry experts said even a conservative estimation puts the growth rate of China’s human resource outsourcing market at 20% a year.