Will Chinese tech companies rush to list onshore?

The Chinese online fashion giant, which is targeting a $27bn valuation, has a presence in 160 countries.

Shanghai has been handed more tools, including the acceleration of offshore loans and digital trade, to aid offshore financial services in a boost to the city as a global financial hub; there is also cooperation with Hong Kong.

Dr. Wenbin Wang, chairman of ICBC International, discusses three fundamental structural drivers helping drive the stock market's recent revival, including attracting innovative Chinese firms and the rise of dual listings.

Beijing is encouraging A-share listed firms to list in Hong Kong, while Trump’s policies are turning some US-listed Chinese companies to also go public on HKEX. The IPO momentum is continuing with four firms listing on October 28 in the SAR.

Despite changes to regulations, Hong Kong IPOs are still set to remain robust this year with six firms already listing this week, according to Frank Bi, Asia head of corporate transactions at law firm Ashurst.

An agreement will allow firms with a primary listing on Bursa Malaysia’s main market to apply for a secondary listing on HKEX as a Recognised Stock Exchange; it follows agreements with Indonesia, Singapore and Thailand; MSCI has launched an ECM partnership with the SGX.