Hong Kong can take advantage of any ‘mass delisting’ of Chinese firms in US, Financial Secretary Paul Chan says

Source: Tech – South China Morning PostHong Kong’s capital market could expect a boost from Chinese firms seeking listings closer to home amid intensified scrutiny in the United States, Financial Secretary Paul Chan Mo-po said on Wednesday.A potential “mass delisting” of Chinese companies in the US had put the city in an advantageous position, as the government estimates that about 240 companies currently listed in America would fall into a category facing potential delistings, Chan told a seminar organised by the Post.“The attitude…Read More

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