Market Chatter: Full Truck Alliance May Revisit Plan for Second Listing in Hong Kong

MT Newswires Live03-10

Full Truck Alliance (YMM) will "actively re-examine" and consider a listing in Hong Kong amid a rebound in investor interest and growing geopolitical tensions between China and the US, Reuters reported Monday, citing Chief Financial Officer Simon Cai.

The Chinese company had initially planned a dual primary listing in Hong Kong in 2022 due to stricter audit requirements for US-listed Chinese companies, according to the report. It went public in New York in 2021, Reuters reported.

The company's shares were down 1.9% in recent premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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