WeChat mascots on display near Tencent's office in Guangzhou. The Internet giant listed in Hong Kong, but other hot New Economy firms seem to be looking outside the region for their IPOs, which has Asian exchanges scrambling to find ways to woo their
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WeChat mascots on display near Tencent's office in Guangzhou. The Internet giant listed in Hong Kong, but other hot New Economy firms seem to be looking outside the region for their IPOs, which has Asian exchanges scrambling to find ways to woo their own Alibabas. However, instead of trying to ape New York, regional bourses could pursue more innovative strategies to win over high-growth firms and secure long-term viability.
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PHOTO: REUTERS