Nasdaq expects more IPOs in China despite regulatory problems

NEW YORK/HONG KONG – More Chinese companies are expected to go public in the U.S. this year, even as relations between Washington and Beijing remain tense and strict rules on cross-border listings have effectively shut down the pipeline, according to a Nasdaq vice president.

“The stock exchange in China will return. China is not a market that can be ignored,” Robert McCooey, who also heads new listings of Asia-Pacific companies on the company’s stock exchange, told Nikkei Asia, citing a “more robust market.”