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BingEx delivers profitable IPO option for U.S. investors

The intracity courier’s $100 million listing could be the largest by a Chinese company in New York since Zeekr listed in May

This article only represents the author's own views.

Chinese IPOs haven’t exactly roared back onto Wall Street this year, as China-U.S. tensions and weak investor sentiment more than offset the clearing of most regulatory obstacles that halted the flow three years ago.

But a few notably big listings are slowing finding their way to New York, including BingEx Ltd., which is aiming to raise $100 million with its new application last week. That would make it the largest Chinese IPO on Wall Street since electric vehicle maker Zeekr (ZK.US) raised $441 million in May. While BingEx, which provides intracity delivery services, is far smaller, such an IPO would still be large compared to most of the Chinese minnows that have listed this year.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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