Chinese companies rush to delist from the US stock market

A recent report suggests China’s regulatory clampdown is impacting listings and take-private deals.

The index provider cited unresolved market-accessibility issues for global investors, including limits around Korean won convertibility. Korean semiconductor giant SK Hynix is seeking direct access to US investors amid surging demand for AI memory chips.

By delisting out of New York and switching over to Hong Kong, Chinese ride-sharing company, Didi, is setting a path for other Chinese technology groups that hold customer data.

Minority shareholders risk losing out as Sinovac and Hollysys refuse to accept buyout offers. But, seemingly unfazed by the prospect of delisting, will the firms pursue value creation elsewhere?

It was once off-limits, but now MPF fund managers can put more of the pension pot into mainland China’s thriving and tech-heavy bourses in Shanghai and Shenzhen.