China private firms shun US as investment, IPO destination: Survey

SHANGHAI : Chinese private companies are shunning the US in their overseas expansion, and generally prefer a home listing to a US initial public offering , a private survey showed yesterday, highlighting the trade war's impact on executive decision-making.

Chinese chief executives remain committed to global expansion, but have shifted their focus from the US to South-east Asia, Europe and Africa, showed a survey conducted jointly by China's Tsinghua University and Marcum Bernstein and Pinchuk , a leading auditor for US-listed Chinese companies.

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China's private firms shunning US as investment, IPO destination: SurveySHANGHAI (REUTERS) - Chinese private firms are shunning the United States in their overseas expansion, and generally prefer a home listing to a US initial public offering (IPO), a private survey showed on Tuesday (Nov 19), highlighting the trade war's impact on executive decision-making.. Read more at straitstimes.com.
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