China ’s green light approves the listing of autonomous driving startups, or it has a potential for the increase in the number of Chinese technology companies to go public in the United States.
The China Securities Regulatory Commission website issued a notice of listing and listing of PONY AI Inc. (Xiaoma Zhixing Co., Ltd.) on Tuesday (April 23).The company plans to issue no more than 98.1495 million Putong stocks and listed on the Nasdaq Stock Exchange in the United States or the New York Stock Exchange.
Since the first public fundraising (IPO) of Didi Chuxing Two years ago, it has been reviewed by China ’s network security, and the rhythm of Chinese companies' listing in the United States has slowed significantly.
The China Securities Regulatory Commission released sixteen measures for high -level development of service technology companies last Friday (April 19), including supporting technology -based enterprises to go public in accordance with laws and regulations.
Bloomberg pointed out that the US capital market has long been crucial to Chinese companies. Chinese companies, especially technology companies, have raised more than $ 100 billion (136 billion new new new in the United States stock exchange since 1993Yuan) funds.
It is reported that since 2022, there is only one IPO of more than 100 million US dollars. Hesai Technology has been listed in the United States.In 2021, more than a dozen companies' IPO fundraising amount was more than twice that of this number.
However, there are signs that the number of high -valuation Chinese technology companies in the United States is increasing under the tightening of China's IPO.In April this year, the high -end electric vehicle brand of Chinese automakers Geely has restarted the $ 500 million IPO plan in New York.There are also market sources that the chain tea brand "Overlord Tea Girl" will also be listed in the United States, with a fund -raising amount from 200 million to 300 million US dollars.
