ABSTRACT

Stock exchanges are the marketplaces for trading equity instruments and provide one of the most important ways for firms to raise money. In the context of financialization, stock exchanges have played an increasingly important role in the global economy. Overseas listing has a long history dating back to the very emergence of stock markets themselves in the seventeenth and eighteenth centuries. Studies have explored the types of firm who list overseas, the motivations for doing so, and discussions about the impacts on the firms and the market. The studies on the geography of stock markets and overseas listings could shed light on the debates on financial centers, the geopolitics of finance, and how global financing may influence regional development. The financial and other requirements for domestic listing have been relaxed over time and Chinese firms have more options for domestic listings.