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Chinese courier delivery firm BingEx files for US IPO

Several high-profile companies are trying to test investor appetite for IPOs following a prolonged downturn due to rising interest rates and geopolitical turmoil.

The number of Chinese companies that have pursued stock market flotations in the United States has dropped in the past few years, after ride-hailing giant Didi Global was forced to delist its shares in late 2021 following a backlash from China’s regulators.

EV maker Zeekr’s (ZK.N), opens new tab debut on the New York Stock Exchange earlier this year was the first big listing by a Chinese company in the U.S. since Didi’s delisting.

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