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Ari Levy from cnbc said that Kuaishou soared in its Hong Kong debut this month, the latest Chinese tech company to shun U.S. exchanges and stay closer to home.David Chao of DCM, which owns a stake worth about $16 billion in Kuaishou, said the trade war of the past four years is a big reason why China’s tech leaders are choosing Hong Kong.Tencent Music, which went public in 2018 on the NYSE, is gearing up for a second listing in Hong Kong.
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CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.
