Difficult public equity markets and long lead times before companies list their shares are propelling issuers and investors to prioritise off-market transactions.
Electric vehicles are the future, but don't count on profits in the short term. Why not invest where the real money is — in the multibillion dollar traditional auto space?
Xiaomi, issuers and mainland investors have been caught in the cross-fire between bourses. While the prize of hosting China’s tech unicorns is worth fighting for, exchanges should not lose sight of who they ultimately serve: investors.