HONG KONG -- A looming U.S. threat to ban listings of Chinese companies on American stock exchanges could potentially swing hundreds of millions of dollars in fees toward mainland investment banks as businesses look at Hong Kong and domestic markets to raise capital.
Chinese banks and brokerage firms, including China International Capital Corp., CITIC Securities and Agricultural Bank of China, are among the biggest underwriters for greater China listings, as international banks increasingly are losing market share -- even in the global financial hub of Hong Kong.
