Subscribe to our mailing list

Xiaomi, Chinese language gadget maker, opens floodgates for Hong Kong IPOs

HONG KONG — A gadget maker. An internet supply service. And the digital cost firm owned by tech big Alibaba.

These are amongst a spate of Chinese language corporations anticipated to open their doorways to atypical buyers in Hong Kong over the following 12 months by means of public listings, following a loosening of guidelines by town’s inventory alternate. If lots of them find yourself itemizing in Hong Kong, then China can have achieved a serious aim: retaining its massively profitable tech growth at residence.

The flurry of big-name Chinese language corporations probably selecting to remain residence, fairly than go overseas, seeking funding is a part of a broader push by China, which has sought to develop homegrown champions in an array of sectors.

Powered by WPeMatico

Author: Techno Info

VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)

Author Spotlight