NEW YORK -- U.S. stock listings by Chinese companies are recovering quickly despite bilateral trade frictions, as tech startups flee the foundering mainland and Hong Kong markets for better fundraising options.
Mainland Chinese companies raised $5.9 billion through initial public offerings this year through Aug. 17, more than the $3.8 billion raised in all of 2017, data from Dealogic shows. This will be the biggest year for Chinese IPOs in the U.S. since 2014, when Alibaba Group Holding made its New York debut.
