China IPOs in the U.S. rebounded in 2017, as 16 Chinese companies went public on Nasdaq and the NYSE, matching the number of Chinese IPOs in 2014 and showing a considerable uptick since early this decade when investor sentiment toward China soured in the wake of a few accounting scandals and de-listings.
The 16 Chinese companies raised $3.7 billion or about 8 percent of the total $35.6 billion raised by 160 IPOs in 2017.
Chinese tech titans
Tencent and
Alibaba are behind some of this pick-up. They backed recent new listers including Chinese search engine
Sogou, e-book company
China Literature, microlender
Qudian and logistics company
Best.