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Chinese Companies Listed at Home Surge While Crackdowns Clobber Those Abroad
Inventory marketplaces in mainland China swelled to a about $12.7 trillion valuation in 2021, demonstrating how domestic shares have mainly been immune from the regulatory assault that has rocked numerous Chinese companies listed overseas. The boost in market capitalization came partly from modest price tag gains—as of Dec. 31, the broad Shanghai Composite Index, for illustration, was up 4.8{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} from a calendar year earlier—and partly from a hurry of new listings in both Shanghai or Shenzhen. The expansion cements China’s position as the world’s second-major equity current market. The overall worth of onshore Chinese shares rose about 20{3e92bdb61ecc35f2999ee2a63f1e687c788772421b16b0136989bbb6b4e89b73} very last yr, according to S&P World-wide Market place Intelligence data, advancing…