For Chinaโs hi-tech IPOs, itโs Hong Kong vs the mainland โ but how much does it matter?
Competition between mainland China and Hong Kong for hi-tech initial public offerings presents emerging technology firms with a dual-track strategic choice rather than a zero-sum battle, according to an executive at a national cross-border innovation platform. โThere is naturally a degree of competition,โ Lu Peng, general manager of Beijing-based Zhongguancun International, said in an interview on Thursday, referring to how tech firms select their primary listing venue. โHowever, the two markets...