Regulatory uncertainty is prompting Chinese firms to delist from US stock exchanges, a new report published Tuesday October 26 suggests.
The report found that seven Chinese firms with a total implied equity value of around $3.8 billion delisted from American exchanges within the first eight months of 2021, with the total market capitalisation of pending take-private deals of US-listed Chinese companies amounting to over $12 billion as of August 31, 2021.
Meanwhile, 51 initial public offerings IPOs of Chinese companies in Hong Kong raised approximately $19 billion during the same period. This comes on the back of 92 companies raising $28.1 billion on the Hong...
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