For decades, Chinese companies have routinely listed on U.S. exchanges like The New York Stock Exchange and NASDAQ
NDAQ
Now, the listing drought may be coming to an end as China clarified its overseas listing regulations on domestic firms. The first company to receive China Securities Regulatory Commission approval to complete its listing is Cheche Group (NASDAQ:CCG), which saw its share price soar from $10 to $200 on its first day of trading.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.