EV maker Nio leads the way in popularising shortcut to Hong Kong secondary listing

EV maker Nio leads the way in popularising shortcut to Hong Kong secondary listing

Photo: Cheung Yin / Unsplash.com

With little sign of tensions cooling between Beijing and Washington, Chinese companies listed in New York are turning to a shortcut to secure a backup position on the Hong Kong Stock Exchange.

On Thursday, shares of electric vehicle maker Nio are set to start trading in Hong Kong, just 11 days after the New York Stock Exchange-listed company disclosed its intention to establish a second market home.

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