Chinese companies are once again tapping the US IPO market, albeit on a smaller scale.
Four micro-cap China-based companies have listed in the US so far in 2022, including this past week’s sole US IPO, Golden Sun Education (GSUN). Another 14 have submitted initial filings this year. Chinese companies now make up 28% of the visible US pipeline by deal count, and 8% by proceeds.
Chinese issuers largely abandoned US IPO plans in the second half of 2021 as...
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