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US Markets Seek New Listings as Chinese Companies Retreat – FT

They are getting a closer look as Sino-US tensions threaten revenue for the New York Stock Exchange and Nasdaq stock market.


The floor of the New York Stock Exchange. Photo: Reuters

 

US stock exchanges are pursuing listings from companies in Southeast Asia and India to counteract a sudden slowdown in business from China, the Financial Times reported.

They are getting a closer look as Sino-US tensions cause new Chinese listings to dry up and threaten revenue for the New York Stock Exchange and Nasdaq stock market.

Read the full report: Financial Times

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.