Skip to content

China Inc. Seeks Both Peace and Capital in Swiss IPO Rush

  • A dozen Chinese firms aiming to list in Europe amid US exits
  • Swiss neutrality more of a draw than London’s finance hub
The Swiss Stock Exchange in Zurich.

The Swiss Stock Exchange in Zurich.

Photographer: Fabrice Coffrini/AFP/Getty Images

Chinese firms, grappling with a delisting wave in New York, are heading for Zurich, drawn by its greater geopolitical certainty and wealthy investors. 

In the past 4 months, at least 10 Chinese firms, from battery maker Gotion High-Tech Co. to bio tech firm Lepu Medical Technology (Beijing) Co., have announced secondary listing plans on the SIX Swiss Exchange. The first Chinese firm is expected to sell shares in Zurich as soon as this month, according to Jos Dijsselhof, chief executive officer of the Swiss bourse Six Group AG.