Factbox: Chinese companies listed in the United States with secondary listings in their country and in Hong Kong

0

A screen displays business information for ridesharing giant Didi Global on the floor of the New York Stock Exchange (NYSE) in New York, United States, December 3, 2021. REUTERS / Brendan McDermid

Register now for FREE and unlimited access to reuters.com

Register

HONG KONG, Dec.6 (Reuters) – The decision by transit giant Didi Global (DIDI.N) to withdraw from the New York Stock Exchange has highlighted other Chinese companies listed in the United States and whether ‘others will leave the ship for Hong Kong and elsewhere.

Didi’s exit plan could create an even deeper chill after this year’s drop in Chinese companies’ quotes in the world’s most liquid market, bankers and advisers have said. Read more

Here is a FACTBOX on Chinese companies’ IPOs in the United States and their secondary listings over the past few years.

Register now for FREE and unlimited access to reuters.com

Register

REGISTRATIONS IN THE UNITED STATES BY CHINESE COMPANIES

Following Beijing’s unprecedented regulatory crackdown on sectors such as technology and private education, Chinese business registrations in New York City declined in the second half of 2021 to their lowest level since the first. semester 2017.

* Data for the second half of 2021 until December 2

(Source: Dealogic)

SECONDARY ENROLLMENTS BY CHINESE COMPANIES LISTED IN THE UNITED STATES

To date, secondary listings in China and Hong Kong by Chinese companies listed in the United States have totaled $ 15.25 billion, according to Refinitiv data, more than the past two years.

Here are the top six secondary listings undertaken by Chinese companies with berths in the United States over the past three years:

(Source: Dealogic, Refinitiv)

Register now for FREE and unlimited access to reuters.com

Register

Reporting by Scott Murdoch and Nikhil Kurian Nainan; Editing by Sumeet Chatterjee and Emelia Sithole-Matarise

Our standards: Thomson Reuters Trust Principles.


Source link

Share.

About Author

Comments are closed.