To make matters worse, U.S. investors have been pulling money out of emerging markets over the past several months. Local investors can be a tough sell. In truth, Alibaba may not be the best test case to determine if Asia’s pool of money will slosh toward young companies. ADAs Asia’s unicorns grow bigger, many are looking at dual listings to ensure there’s enough demand to absorb their sizable offerings. Shuli Ren is a Bloomberg Opinion columnist covering Asian markets.

Source: Washington Post November 27, 2019 23:05 UTC