💨 Abstract

Full Truck Alliance, China's "Uber for trucks", is considering a second listing in Hong Kong due to improved investor sentiment and increased Sino-U.S. tensions. The company, which has already listed in New York, aims to hedge against U.S. risks. Stock prices of Chinese tech firms in Hong Kong have rallied recently, boosting liquidity and valuation, making a second listing potentially beneficial for improved valuation and liquidity.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖