Nasdaq expects more China IPOs despite regulatory logjam
NEW YORK/HONG KONG -- More Chinese companies are expected to go public this year in the U.S. even as ties between Washington and Beijing remain strained and strict crossborder listing rules have effectively closed the pipeline, according to the vice chairman of Nasdaq.
"China listings are going to come back. China is not a market that will be ignored," Robert McCooey, who also heads new listings for Asia Pacific companies on the company's exchange, told Nikkei Asia, citing a more "robust market."