China listing frenzy in U.S. set to be boosted by Didi IPO By Reuters
By Scott Murdoch HONG KONG (Reuters) - Ride-hailing giant Didi Chuxing's planned $4 billion New York debut will supercharge Chinese listings in the United States on the back of an all-time high in the first half the year, despite political sparring between the two countries. A total of 29 initial public offerings (IPOs) by Chinese companies in the United States in the first six months of the year raised $7.6 billion, the highest amount ever for that time period, according to Refinitiv data. That was significantly higher than the $1.9 billion worth of listings in...
Continue reading