Chinese Companies Head Home to Raise Money, as Beijing’s Relations With U.S. Fray

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China’s most ambitious and fastest-growing companies once flocked to U.S. markets to raise money. Now, the scales are tipping toward Hong Kong and Shanghai.

China’s most ambitious and fastest-growing companies once flocked to U.S. markets to raise money. Now rising U.S. hostility and the increased attractions of listing closer to home are tipping the scales toward Hong Kong and Shanghai.

Since November, eight Chinese companies that originally went public on the New York Stock Exchange or the Nasdaq Stock Market have added listings in Hong Kong, raising a total of $25.6 billion, according to Refinitiv. These companies, with a combined market capitalization of nearly $1 trillion,...

 

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This means that China's financial sector will initially replace the role of Wall Street.

KFC?

You mean because they can't anymore!

NO. Lol.

wow

Feeling Luckin, punks?

thats one good way to to start good business durring this pandemic its good food and people love it bringing back brand name corporations from hong kong to shanghai . heres a taste of your own medicine corprate america why they are doing any way now beter food for hong kong

JChengWSJ Good riddance

What made you still live in 🇺🇸

Hong Kong? The same city where companies are exiting?

Thank God. We can take care of ourselves. I think we've had enough of China for a while.

... while Hong Kong companies are looking at Singapore, Sydney and Tokyo.

wake up world! Biden & Carter Why USA Democrats & British Old sly Fox etc Diplomacy 1978 ideology of left its destructive map which led to rise of criminal_sect Islamic_Republic Globalists a system which control over all human civilization Freemasons

Can’t wait to see your propaganda trashed once true patriots start taking the western world leadership back. Shame on you for collaborating with the enemy !

This is a crime. Use false accounting to deceive ordinary investors. Chinese companies cannot be trusted.

They are clever

Theirs business aren't worthy to be shared

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