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China’s Full Truck Alliance eyes secondary Hong Kong listing as ‘hedge against US risks’

SCMP LogoSCMP3h ago

China’s Full Truck Alliance eyes secondary Hong Kong listing as ‘hedge against US risks’ - SCMP

Quick Summary:

The most important consideration for a Hong Kong listing has always been to hedge against US risks after Trump’s return, CFO Simon Cai says.

FTA, backed by big-name investors including SoftBank’s Vision Fund and Tencent Holdings, went public in New York in 2021 and is among the few US-listed Chinese companies that have not yet pursued a second listing in the Asian financial hub.

The Hang Seng Index has risen more than 30 per cent this year.


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Article Details

Author / Journalist: Reuters

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 17:20:24 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 243 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26816884

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 14 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 32 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "China’s Full Truck Alliance eyes secondary Hong Kong listing as ‘hedge against US risks’" was covered 3 hours ago by SCMP, a news publisher based in Hong Kong.

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  • URL: https://beamstart.com/news/chinas-full-truck-alliance-eyes-17415986772720

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