New York’s loss of Chinese IPOs could be Hong Kong’s gain
Chinese companies raised more than US$12 billion in U.S. markets in the first half of 2021, a half-year record, according to Dealogic. The great U.S.-China financial decoupling had seemingly hit a snag. Then came Didi Chuxing’s catastrophic debut on the NYSE, and just like that, the U.S. IPO pipeline for…

