It used to be that Chinese companies prefer to go public in the US because of the deep capital market and prestige. The tech companies particularly had a hard time listing in China because of some of the Chinese exchange rules prohibiting unprofitable companies from listing or, in the case of HKEX, share-holder structure requirements, which was why Alibaba went public in the US in 2014 even though they preferred to list in Hong Kong and could not convince HKEX to change the rules then.
All these have changed in the last two years. Shanghai has established the STAR Board, which relaxes the rule for listing new tech companies , and HKEX modified their rules to allow different shareholder classes. That's why Alibaba did a dual listing this year on HKEX, along with other prominent tech companies listed in the US, e.g. JD.com, NetEase. Majority of the established Chinese companies listed in the US would want to go back to China for higher valuation. Attracting Chinese companies to list on NYSE or NASDAQ have been a very profitable business for the US, due to large underwriting fees, trading commissions. It's been the case over the years other stock exchanges such as London, Singapore etc. have competed to list Chinese companies. China is the country from which the largest group of foreign companies listed in the US exchanges
China today has the second largest number of tech unicorns, with the largest valuation. Other than the US, no other countries even come close. The days when Chinese companies needed to establish themselves in an overseas market have long gone. China is a hotbed for great tech companies these day, with both established and startup ones. For the most companies, listing in mainland China or Hong Kong is a much better choice.
Friendly advice: Don't waste your time to engage in lengthy debate with trolls - it's simply a waste of time. Poke fun on or expose him if you so desire, but no lengthy posts. Ain't worth it.
All these have changed in the last two years. Shanghai has established the STAR Board, which relaxes the rule for listing new tech companies , and HKEX modified their rules to allow different shareholder classes. That's why Alibaba did a dual listing this year on HKEX, along with other prominent tech companies listed in the US, e.g. JD.com, NetEase. Majority of the established Chinese companies listed in the US would want to go back to China for higher valuation. Attracting Chinese companies to list on NYSE or NASDAQ have been a very profitable business for the US, due to large underwriting fees, trading commissions. It's been the case over the years other stock exchanges such as London, Singapore etc. have competed to list Chinese companies. China is the country from which the largest group of foreign companies listed in the US exchanges
China today has the second largest number of tech unicorns, with the largest valuation. Other than the US, no other countries even come close. The days when Chinese companies needed to establish themselves in an overseas market have long gone. China is a hotbed for great tech companies these day, with both established and startup ones. For the most companies, listing in mainland China or Hong Kong is a much better choice.
Friendly advice: Don't waste your time to engage in lengthy debate with trolls - it's simply a waste of time. Poke fun on or expose him if you so desire, but no lengthy posts. Ain't worth it.