China's appetite for U.S. IPOs shows little sign of roaring back

Politics and poor returns raise questions for longer term as Hong Kong gains traction

20231006 China NYSE

Chinese companies are thinking twice about U.S. listings given the political headwinds and some recent disappointing returns. (NIKKEI montage/Source photos by Getty and AP)

YIFAN YU, Nikkei staff writer

PALO ALTO, U.S. -- Chinese companies are slowly coming back to the U.S. for initial public offerings after a yearlong dry spell, but geopolitical tensions, underperforming market debuts and regulatory uncertainty cast doubts over how long America will remain their preferred overseas destination.

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