HKEX has said that it is seeing a spike in inquiries about secondary listings from Chinese companies. The interest comes at a time when US scrutiny of Chinese companies has intensified. Trip.com, known also as Ctrip, and the Hong Kong exchange declined to comment in e-mailed statements. More secondary listings from technology companies would bolster the Hong Kong exchange, which posted its worst profit drop in almost three years in the third quarter of last year. “More US-listed Chinese concept stocks will come back to Hong Kong in 2020,” PwC partner Benson Wong (黃煒邦) said at a news conference in Hong Kong.

Source: Taipei Times January 02, 2020 15:56 UTC