The CEO of Hong Kong Exchanges and Clearing, which owns the Hong Kong stock exchange, believes more U.S.-listed Chinese companies will seek to re-list in China this year as tension between the two super-powers seeps into the stock markets.
“This is going to be a big year for IPOs, including both huge IPOs from China, but very substantial returnees, what we call them, from the United States,” Charles Li said during a conference hosted by investment bank Piper Sandler on Thursday.
