Some 30 Chinese companies went public on the Nasdaq in the first half of 2021, said Bob McCooey, vice chairman of Nasdaq.
The Nasdaq has a"very, very strong" pipeline of Chinese companies that want to list on the exchange in the coming months as the U.S. and China appear closer to resolving an audit dispute, said Bob McCooey, vice chairman of Nasdaq.Only two Chinese companies listed on the Nasdaq in the second half of 2021, and one such firm debuted on the exchange in the first three months of 2022, according to CNBC's analysis of data from the U.S.-China Economic and Security Review Commission.
The Nasdaq is expecting more Chinese companies to list on the U.S. exchange in the coming months as Beijing and Washington appear closer to resolving an audit dispute. "We still have a pretty strong pipeline … as things are getting to become a little more clear in that market. We think that that market could pick up pretty dramatically," said Bob McCooey, vice chairman of Nasdaq, who does business development in the Asia-Pacific, told CNBC on Wednesday.Download NBC 5 Dallas-Fort Worth