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26.07.26 - 16:01
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Why do mainland Chinese firms refuse to give up on Wall Street IPOs? (SCMP)
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Amid heightened geopolitical tensions and complex regulatory hurdles, Wall Street has become a more difficult listing destination for mainland Chinese companies – but some remain unwilling to abandon it.
Only two mainland Chinese companies completed US debuts in the first half of the year, raising a combined US$59.5 million – a five-year low for deal volume and total proceeds, according to a June report by accounting firm EY.
Official data from the China Securities Regulatory Commission,......
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