3 days ago
Chinese listings in US rebound on back of small-cap firms
IPO
First-half 2025 IPOs by mainland companies jump 80% on the year despite tensions
There is a stronger pipeline of small Chinese companies looking to list in the U.S. this year, according to Dan McClory of Boustead Securities. © Reuters
PAK YIU
NEW YORK -- Companies with small market capitalizations are driving a rebound in Chinese stock listings in the U.S. as blockbuster initial public offerings show little sign of returning.
Eighteen mainland Chinese companies went public on U.S. markets in the first half of 2025, according to Dealogic data compiled for Nikkei Asia. This was up 80% from a year earlier and is on track to exceed the 34 such IPOs for all of 2024.
