Iain Drayton, Goldman Sachs co-head of investment banking for Asia Pacific excluding Japan, said more Chinese companies are gravitating to Hong Kong as a listing venue. Photo: K.Y. Cheng
Iain Drayton, Goldman Sachs co-head of investment banking for Asia Pacific excluding Japan, said more Chinese companies are gravitating to Hong Kong as a listing venue. Photo: K.Y. Cheng

Goldman’s top banker says many Chinese IPO clients considering shift to Hong Kong from US exchanges

  • The tap has not been turned off for US listings but ‘balance of activity’ is coming to Hong Kong, regional investment banking co-head Drayton says
  • Hong Kong ranks third for global IPOs and secondary listings, behind Nasdaq and the NYSE so far this year, according to Refinitiv

Iain Drayton, Goldman Sachs co-head of investment banking for Asia Pacific excluding Japan, said more Chinese companies are gravitating to Hong Kong as a listing venue. Photo: K.Y. Cheng
Iain Drayton, Goldman Sachs co-head of investment banking for Asia Pacific excluding Japan, said more Chinese companies are gravitating to Hong Kong as a listing venue. Photo: K.Y. Cheng
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