News Snapshot:
This could be a record year for Chinese companies aiming at US capital markets. After a fantastic 2020 and the highest amount of funds raised since 2014, Chinese IPOs had a strong start in the half of this year. According to data presented by BuyShares.co.uk , Chinese companies raised a record $12.5 bln in 34 initial public offerings in US capital markets, more than in the entire 2020. The US capital markets have been a lucrative source of funding for Chinese companies in recent years, especially for tech firms looking to benchmark their valuations against listed peers. Many of them...
