Caixin

CX Daily: Chinese Firms Face Shifting Global IPO Landscape

Published: Oct. 10, 2025  9:27 a.m.  GMT+8
00:00
00:00/00:00
Listen to this article 1x

TOP STORIES

IPOs /

In Depth: Chinese Firms Face Shifting Global IPO Landscape

Chinese companies pursuing overseas listings are at a crossroads.

For years, the U.S. — and especially the Nasdaq — has been a preferred market for Chinese IPOs, offering companies high valuations and access to a global investor base. But that path may be narrowing.

The tech-heavy bourse, which hosts more than 80% of U.S.-listed Chinese firms, has proposed raising the minimum public float and fundraising requirements, while enforcing faster suspension and delisting procedures for companies that fail to meet ongoing standards, casting uncertainty over the pipeline of future deals.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe
00:00
00:00/00:00