China’s biggest listings still go to New York over Nasdaq.
MINISO was one of nine Chinese companies that listed on the New York Stock Exchange in 2020. Credit: MINISO
In 2020, most of the highly valued Chinese companies looking to list in the U.S. chose the New York Stock Exchange.
Nasdaq had a particularly good year with Chinese companies, but the relative few that listed on the NYSE — 9 to Nasdaq’s 26 Chinese listings last year — were more richly valued companies. The 229-year-old NYSE is known as the destination for more established companies, while Nasdaq attracts up-and-coming tech companies.
China's stock exchanges also reported
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