HONG KONG -- Chinese companies are rushing forward with plans to raise more than $5 billion in initial public offerings in New York ahead of new U.S. rules that would effectively shut off this funding channel.
Markets
Chinese companies rush for US IPOs ahead of new restrictions
Startups seek more than $5bn before stricter auditing rules take effect
An Xpeng Motors showroom at the company's headquarters in Guangzhou, China. © Reuters
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