New York’s stockmarkets are thrashing Hong Kong and London

New York has become the financial centre of the world, attracting overseas listings from Europe, America, and China. Trustbusters are seeking to break up Google, undoing a 15-year-old merger.

March 8, 2023 . 12:19 AM

1 min read

New York's stockmarkets are winning the battle for global financial listings, attracting more overseas listings than London and Hong Kong.
In the past four quarters, American exchanges won $24bn in overseas IPOs, eight times as much as managed together by London and Hong Kong.
Chinese companies are increasingly looking to list in America, with the recent $190m listing of Hesai Group being the largest since 2021.
New York appears to be the listing venue of choice for companies in America, Europe, and—when officials on both sides allow—China.
The case against Google hinges on an antitrust 'mistake' - trustbusters are seeking to break up the tech giant, undoing a 15-year-old merger.