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 be
en 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 s
aid, adding that the way to access the growth is through IPOs.
NYSE-listed companies traded with 45 percen