According to a report released recently by the US Congress, the number of Chinese enterprises listed on the US securities market has reached nearly 250, an increase of 14% over seven months ago. Analysts believe that although the U.S. government focuses on restricting Chinese enterprises from entering the U.S. market, enterprises and investors in the U.S. market regard listing as a "win-win" and take practical actions to support exchanges and accommodation between the U.S. and China's capital markets.

According to a report released on the 13th by the U.S. - China Economic and security assessment committee under the U.S. Congress, as of May 5, 248 Chinese enterprises were listed on major U.S. stock exchanges, up from 217 on October 2, 2020.

In addition, according to the statistics of global financial data provider derokee, as of the past year in April, Chinese companies raised a total of US $17.55 billion in initial public offerings (IPOs) in the United States, more than three times more than the US $4.1 billion in the previous year, and the highest since April 2015.

In the view of some market observers, the twists and turns in the US China Economic and trade relations have not hindered the exchanges and cooperation between enterprises and investors of the two countries in the capital market. The listing of Chinese enterprises in the US is one of the manifestations of this win-win situation.

On the one hand, China's economy has taken the lead in recovering and growing steadily under the impact of the global epidemic, and investing in Chinese enterprises has become an important way for international investors to share China's development dividends.

The Financial Times reported that in the first quarter of this year, China's gross domestic product (GDP) grew by 18.3% year-on-year, showing the world how the decision to strictly prevent and control the epidemic can help the national economy out of the shadow of the epidemic faster.

Craig Cobain, head of Global Capital Markets Asia Pacific region of Bank of America, believes that China's economy will achieve strong growth this year, and a group of very powerful enterprises are emerging. Investors in the US capital market focus on growth prospects and profit space, and "are very eager to find ways to invest in these enterprises".

Chinese companies listed in the U.S. are welcomed by the capital market, according to the data compiled by Bloomberg. In the first four months of this year, the average rate of return on the next day after investors' participation in the issuance of additional shares of Chinese enterprises listed in the United States was 11%.

On the other hand, American capital market also provides more market choices for Chinese enterprises. Many companies are expanding their investor base by listing in the mainland, Hong Kong and New York, and hedging their operational risks by diversifying their financing, according to the report of the Peng Bo news agency.

Ben Steil, director of the International Economics Department of the American Foreign Affairs Association, believes that the US government has launched a series of stimulus policies, and the US Federal Reserve has maintained the quantitative easing policy for a long time, continuously injecting liquidity into the capital market, providing convenient conditions for enterprises to seek low-cost US dollar financing.

At the same time, the recovery momentum of the US economy is obvious, and the return rate and valuation level of the capital market are becoming more attractive. Since the beginning of this year, the S & P 500 stock index has increased by more than 10%. The average p / E ratio of listed companies is about 32 times, while the average valuation level of China capital stock is higher.