[HIGHLIGHTS] Chinese companies, among the few to rush to go public in New York

Dozens of Chinese companies have successfully completed their IPO since January, most on the Nasdaq. The movement benefits from an agreement between the US and Chinese authorities on a point that posed a dangerous hazard on Chinese groups on Wall Street.

Chinese groups are benefiting from the reopening of the Chinese economy after almost three years of zero-Covid policy. Almost all Chinese IPOs have raised less than $50 million each, according to Matthew Kennedy, senior strategist at the specialized firm Renaissance Capital.