The US and Chinese flags outside the New York Stock Exchange in 2011. Take-private deals of US-listed Chinese firms like Qihoo 360 could increase as a result of recent accounting lapses at Luckin Coffee, some bankers say. Photo: ReutersThe US and Chinese flags outside the New York Stock Exchange in 2011. Take-private deals of US-listed Chinese firms like Qihoo 360 could increase as a result of recent accounting lapses at Luckin Coffee, some bankers say. Photo: Reuters
The US and Chinese flags outside the New York Stock Exchange in 2011. Take-private deals of US-listed Chinese firms like Qihoo 360 could increase as a result of recent accounting lapses at Luckin Coffee, some bankers say. Photo: Reuters

Chinese companies eye IPOs closer to home as Luckin Coffee, TAL scandals taint path to US markets

  • IPO hopefuls debate switching plans to Asia after Luckin Coffee scandal dims confidence in Chinese companies
  • Governance issue could also hasten departure of existing US-listed Chinese companies via take-private deals, bankers say
Topic |   IPO
The US and Chinese flags outside the New York Stock Exchange in 2011. Take-private deals of US-listed Chinese firms like Qihoo 360 could increase as a result of recent accounting lapses at Luckin Coffee, some bankers say. Photo: ReutersThe US and Chinese flags outside the New York Stock Exchange in 2011. Take-private deals of US-listed Chinese firms like Qihoo 360 could increase as a result of recent accounting lapses at Luckin Coffee, some bankers say. Photo: Reuters
The US and Chinese flags outside the New York Stock Exchange in 2011. Take-private deals of US-listed Chinese firms like Qihoo 360 could increase as a result of recent accounting lapses at Luckin Coffee, some bankers say. Photo: Reuters
READ FULL ARTICLE