Jos Dijsselhof, CEO of the Swiss Exchange, or SIX, said in a recent interview with Nikkei Asia that he was “a bit overwhelmed" by the pace of Chinese companies coming to list in Zurich. (Nikkei montage/Reuters/Kenji Kawase)

Switzerland helps China Inc. satisfy its itch for overseas listings

Swiss exchange opens its door as going public in U.S. becomes more fraught

KENJI KAWASE, Nikkei Asia chief business correspondent

February 10, 2023 06:00 JST

ZURICH -- Since the door was opened for Chinese companies to list their shares in Switzerland last year, even the head of the Swiss bourse has been surprised at how popular the program has proved.

Nine companies have gone public in Zurich since the end of July, raising a total of $3.2 billion -- far exceeding the total amount Chinese companies raised in the U.S. in all of 2022.