Delistings outnumber IPOs by value in Hong Kong so far this year https://t.co/4qEYIJpGJL via @NikkeiAsia
A growing number of Hong Kong-listed companies are planning to delist as equities markets in China continue to flounder. https://t.co/sjjwcccskO
Contrarian buy indicator? "Delistings outnumber IPOs by value in Hong Kong so far this year" https://t.co/nuWqUIGbKK via @NikkeiAsia
An increasing number of Chinese companies are expected to file for initial public offerings (IPOs) in the United States next year, according to Chris Hao, chief China representative at Nasdaq. As of July 12, 96 Chinese firms had received approval to go public in the U.S., with an additional 114 pending. Meanwhile, Hong Kong's market is experiencing a trend where delistings outnumber IPOs both in number and by value this year. A growing number of companies listed in Hong Kong are planning to delist as the Chinese equities markets continue to struggle.
