Skip to content
Subscriber Only

China Tech IPOs Face a Wall Street Check-Up

Bloomberg business news
China's Tech Giants Aren't Copycats Anymore

As recently as last month, U.S. listings by Chinese technology firms usually represented a winning bet despite global trade conflict. But the latest group of Chinese offerings is mostly trading in the red, including three companies that are likely to become the subject of Wall Street scrutiny next week.

Initiations in China’s Cootek Cayman Inc., Viomi Technology Co. Ltd. and LAIX Inc. may be published next week as so-called quiet periods expire for perhaps the most amicable analysts on Wall Street: those working at banks that underwrote their respective IPOs. Especially bullish research could help reverse the group’s fortunes, but bearish commentary could push shares even farther below their IPO prices.