Caixin
Sep 06, 2022 08:42 PM
FINANCE

Caixin Explains: Why U.S.-Traded Chinese Firms Are Choosing Dual Primary Listings in Hong Kong

U.S.-listed Chinese companies are opting for a primary listing in Hong Kong amid a long-running audit dispute between China and the U.S. Photo: VCG
U.S.-listed Chinese companies are opting for a primary listing in Hong Kong amid a long-running audit dispute between China and the U.S. Photo: VCG

The recent breakthrough in a years-long auditing row between U.S. and Chinese regulators offers some hope for around 200 U.S.-listed Chinese companies that they won’t be forced to quit American exchanges. But the window for the two countries to resolve their dispute is closing fast and some companies may well have no option but to delist.

Many have already put contingency plans in place, choosing the Hong Kong Stock Exchange (HKSE) to conduct a second primary listing or a secondary listing.

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