New York Set for First Chinese IPO in Seven Months

(Nikkei Asia) —New York is poised to see its first initial public offering by a Chinese company in seven months amid signs the city could see a new flurry of such listings.

Healthcare supplies maker Meihua International Medical Technologies is on track this week to price its debut share sale, which would raise up to $57.5 million, according to the New York Stock Exchange’s online IPO hub. New U.S. stocks usually start to trade a day after pricing.