IPOs in the United States: globalists ba • Table.Briefings

The advocates of decoupling from global events have suffered a setback. The faction that advocates greater internationalization is suddenly calling the shots in the party again. The clearest sign of the trend is the green light given by Vice Premier Liu He to foreign IPOs. These had previously faced opposition from the faction of autarky-minded nationalists last year. Now, first companies are daring to return to the international trading floor.

Last week, there was finally clarity. The government „supports various enterprises to seek listings in the overseas market,“ Vice Premier Liu He said. IPOs in Hong Kong and the US would be welcome. Chinese regulators have made good progress in paving the way for these IPOs, according to Liu. „The two sides are working on a concrete cooperation plan.“ In parallel, the China Securities Regulatory Commission (CSRC) – the counterpart to the US Securities and Exchange Commission (SEC) – has already announced that it will „continue to strengthen communication with US regulatory agencies.“

IPOs in the United States: globalists back on the high ground

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