London to benefit from US moves to restrict, delist China firms from exchanges

Author: Eamonn Sheridan | Category: News

China will list domestic companies in London, move away from US listings.

  • The escalation of US-China tensions have seen moves to delist Chinese companies in the US and also limit new listings
  • Chinese companies will instead seek to issue global depository receipts (GDR) on the London Stock Exchange, utilising the stock connect scheme with the Shanghai Stock Exchange

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