U.S. to see more Chinese listings as Biden will make art of deal easier, advisors say
HONG KONG (Reuters) - Chinese companies’ stock market listings in the United States reached a six-year high in 2020 and advisors expect the trend to accelerate in the year ahead in expectation of a stable regulatory regime under U.S. President-elect Joe Biden.
Twenty six initial public offerings (IPOs) of Chinese firms worth $10.6 billion have been completed in the United States so far in 2020, up from the $3.4 billion worth of deals last year, according to Refinitiv data.