of underwriting initial public offerings by Chinese companies in the U.S., concerned about rising reputational risks after a string of disappointing deals. The heightened scrutiny augurs a harder sell for Chinese firms once the market overcomes the current tumult. In fact, even before the rout in equities that began last month, 26 of the 33 Chinese companies that went public in the U.S. during 2019 were trading at less than their offer prices, according to data compiled by Bloomberg.
That’s just one of a number of concerns among market participants. Geopolitical strains between the U.S. and China, particularly in technology, continue to pose a challenge — the January trade deal notwithstanding. Ato consider measures to reduce American capital flowing to Chinese securities adds to the political element. Along with limited institutional investor demand for some names, it all means the hurdles may be too high for smaller deals that lack transparent financial backgrounds.
out here selling ll types of adhesives/ gloves masks when it hits africa gonna make debt ridden countries jump on the 'corona loan bandwagon' for a flu gone bad😒
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