China is dominating tech IPOs on U.S. markets in 2018

Chinese electric vehicle start-up Nio Inc. vehicle is parked in front of the New York Stock Exchange (NYSE) to celebrate the company’s initial public offering (IPO) in New York, U.S., September 12, 2018.

China’s growing prowess across a wide range of tech sectors has triggered a love affair between the country’s startups and Wall Street. Through the first three quarters of 2018, Chinese companies have far outpaced U.S. companies when it comes to IPOs on U.S. stock exchanges. That continued in the third quarter, when 10 Chinese companies…Read More

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