⏺Chinese companies choose the USA for IPOs: 36 Chinese companies have gone public on American exchanges, which is already close to the record figure of 64 IPOs for the entire year of 2024.
The overwhelming majority of them are doing this through SPACs — special companies for quick market entry without the traditional lengthy IPO process.
Strict rules and high profitability requirements in China, as well as greater liquidity and higher valuations in the USA, are forcing many startups to seek capital in the West.
Currently, there are more than 40 Chinese companies queued for listing in the USA, which indicates further growth of this trend despite the political tension between the countries.
Support us by subscribing.