Chinese firms flood US markets for capital ahead of moves to tighten regulations, and before presidential election

//Chinese firms flood US markets for capital ahead of moves to tighten regulations, and before presidential election

Chinese firms flood US markets for capital ahead of moves to tighten regulations, and before presidential election

Chinese firms listed on the US stock exchanges have risen in numbers and by total market capitalisation in the past year despite Washington’s efforts to cut them off from US capital.The number of US-listed Chinese companies rose 26 per cent to 217 on the three largest US exchanges – the Nasdaq, the New York Stock Exchange and the NYSE American – as of October 2, according to a congressional report by the US China Economic and Security Review Commission.Total market has capitalisation nearly…

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By | 2020-10-07T18:36:40+00:00 October 7th, 2020|Headlines|Comments Off on Chinese firms flood US markets for capital ahead of moves to tighten regulations, and before presidential election