Asked why so many Chinese companies chose to list in NYSE over other stock exchanges, Ibrahim said one major reason is that U.S. market is the deepest in the world and companies want to have access to liquidity.
He added that the companies also want to be next to their competitors that have already been listed in NYSE so as to make sure the evaluation is aligned and make themselves available to the vast number of investors.
"This trend will continue because I think there are fantastic companies in China," he said.
He said that the human element the NYSE has is also an important reason companies are willing to be listed there.
On the other hand, the demand from U.S. investors' side for Chinese companies and products is high.
Ibrahim said there are a lot of great entrepreneurs creating and selling new technologies and tapping the growth of Chinese economy.
"Investors want to be part of this growth," he said, adding that the way to access the growth is through IPOs.
NYSE-listed companies traded with 45 percent lower volatility compared to companies listed and traded on other U.S. exchanges, according to the stock exchange.
【国内英语资讯:China to remain NYSEs major contributor of intl IPOs in 2019】相关文章:
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