PDD - Embattled U.S.-Listed Chinese Firms Find Safer Harbor In Hong Kong
- Analyses appear to show that U.S.-listed Chinese stocks with second listings in Hong Kong perform better than peers that are only U.S.-listed.
- Second listings in Hong Kong have helped companies boost trading volumes and increase diversity of their investor pools, helping valuations to gradually normalize and more fully reflect investor views and expectations on both sides of the Pacific.
- In the broader picture of growing China-U.S. competition, when tensions flare, a second Hong Kong listing might just make the difference between life and death for some of these companies.
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Embattled U.S.-Listed Chinese Firms Find Safer Harbor In Hong Kong