Finance
China Signals End to $2 Trillion U.S. Listings Juggernaut
- China will force most firms to seek approval for foreign IPOs
- More than 400 Chinese companies have gone public in the U.S.
Photographer: Andrew Brookes/Cultura/Getty Images
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For two decades Chinese tech firms have flocked to the U.S. stock market, drawn by a friendly regulatory environment and a vast pool of capital eager to invest in one of the world’s fastest-growing economies.
Now, the juggernaut behind hundreds of companies worth $2 trillion appears stopped in its tracks.