Electric car manufacturer Nio will drive Chinese fundraising on US stock exchanges to one of the highest levels ever recorded if it can steer its $1 billion-plus to $1.32 billion initial public offering in New York across the finish line next month.
Year-to-date the New York Stock Exchange and Nasdaq have raised $5.94 billion for a large group of Chinese companies including iQiyi, Pinduoduo, Bilibili, Uxin and Huya, according to Dealogic....