- December 26, 2021
- Posted by: Stratford Team
- Category: Business
With Didi Global Inc. seeking a listing in Hong Kong less than a year after its tumultuous debut in New York, investors are looking for other US-traded Chinese names that could potentially offer shares closer to home amid regulatory pressures.
Such so-called “homecomings” are a hot topic in the Asian financial hub as US authorities step up demands over disclosures and Chinese officials seek to reel in overseas offerings citing security concerns. Listing in Hong Kong is seen as an alternative for firms wanting to retain access to global investors while being more palatable to Beijing. It is also simpler and quicker than a mainland deal.
The regulatory threats mean companies with a total market cap of almost $200 billion currently listed only in the U.S. may need to seek a return to Hong Kong or the mainland soon, Bloomberg Intelligence analysts Matthew Kanterman and Tiffany Tam…
