China Inc. rethinks US listings as scrutiny tightens

Mainland exchanges roll out welcome mats while Wall Street shuts doors

20200520N Shanghai bull REUTERS

A security guard walks past the Bund Financial Bull statue in Shanghai. © Reuters

YUSHO CHO, Nikkei staff writer

SHANGHAI -- Chinese enterprises have started reworking their fundraising strategies after encountering a less-welcoming environment for public offerings in the U.S.

The Luckin Coffee accounting scandal has reignited calls to step up scrutiny on initial public offerings in the U.S. by Chinese companies.

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