Alibaba, JD.com investors lead the shift to Hong Kong’s market from New York, as US-China financial decoupling gathers momentum squib

Some of the biggest Chinese tech firms are seeing investors boost their proportion of Hong Kong-traded shares away from American Depository Receipts, as tougher US regulatory oversight and elevated bilateral tensions darken the prospects for such firms on Wall Street.Nine Chinese firms that have a US primary listing and either secondary or dual primary-listed status in the Asian financial hub have seen increased proportion of Hong Kong shares in the past year, according to Bloomberg’s…
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