China Startups Shut Out Of U.S. Face Tougher Hong Kong IPO Rules
To print this article, all you need is to be registered or login on Mondaq.com.
Morrison & Foerster partner, Vivian Yiu, has been quoted in
an article “China Startups Shut Out of U.S. Face Tougher Hong
Kong IPO Rules” published by Bloomberg. The
article discusses an increasing number of startup companies turning
to list in Hong Kong from the United States in light of the recent
regulatory action from Beijing, and the concerns that these
companies might face to be listed in Hong Kong.
Vivien said, “The Hong Kong regulators take a slightly more
paternalistic approach to approving IPOs,” noting that the
Hong Kong Exchanges and Clearing Market (HKEX) makes more stringent
demands on companies planning a listing than its New York peers.
“The big question is if companies list in Hong Kong whether
they will get valuations as compelling as in the U.S.,” Vivian
Read the full article (subscription
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
© Morrison & Foerster LLP. All rights reserved
POPULAR ARTICLES ON: Corporate/Commercial Law from China