Nasdaq expects more China IPOs despite regulatory logjam

Market 'will not be ignored' despite geopolitical frictions, exchange official says

20240613N Nasdaq

A more "robust market" will encourage Chinese companies to list in the U.S. this year, the vice chairman of Nasdaq says. © Reuters

JACK STONE TRUITT and ECHO WONG, Nikkei staff writers

NEW YORK/HONG KONG -- More Chinese companies are expected to go public this year in the U.S. even as ties between Washington and Beijing remain strained and strict crossborder listing rules have effectively closed the pipeline, according to the vice chairman of Nasdaq.

"China listings are going to come back. China is not a market that will be ignored," Robert McCooey, who also heads new listings for Asia Pacific companies on the company's exchange, told Nikkei Asia, citing a more "robust market."

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