Thursday, April 25, 2024
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US-Listed Chinese Tech Companies No Longer See Hong Kong Listing as Vital Hedge Strategy Following PCAOB Development

As US listing prospects improve, several US-listed Chinese tech players have halted their Hong Kong listing plans. A number of US-listed Chinese companies have reportedly suspended plans for a potential Hong Kong listing. According to The Information, these Chinese tech companies include agricultural tech giant Pinduoduo Inc (NASDAQ: PDD) and Full Truck Alliance Co

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