Chinese technology companies, backed by big names such as Tencent and JD.com, are flocking to New York for initial public offerings once again, reviving a record-setting flow that had slowed after a streak of weak openings amid shaky markets.
Driving the trend is a desire to tap the deep pools of liquidity offered by the world’s largest capital market. In the words of a person involved in one of the transactions, “The momentum is back.” READ MORE (GOOGLE CACHE)
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