China's offshore IPO pipeline faces regulatory challenges, hindering firms' ability to raise capital.
China's offshore IPO pipeline faces red tape issues despite market recovery, with firms struggling under regulatory logjams and uncertain valuations. Despite promises in April to facilitate Hong Kong IPOs and a strong debut of Zeekr in New York, bankers, China company executives, and investors predict the offshore IPO drought to persist this year. The regulatory roadblocks hinder firms' ability to raise capital amid a slowing economy.
June 02, 2024
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