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Transcripts For BLOOMBERG The David Rubenstein Show Peer To Peer Conversations 20240714

Obviously, this sort of a big coup for hong kong after missing out on that initial ipo five years ago, the biggest one ever. This is their opportunity to win back their National Treasure of a company. Emily how much if anything does this have to do with trade tensions between the u. S. And china . Elizabeth the timing is really interesting. This is being called a trade war ipo. There definitely seems to be some element of that that people think this is an unattractive time to look for domestic investors, those kind of investors that use this Company Every day, unlike american investors, who could start turning away from chinese investments. The other thing here in the timing is that the Hong Kong Stock Exchange has changed its listing rules around these companies that have multiple share classes, the type we see from Tech Companies. They started doing that after they lost out on alibaba the first time around, had this long period of consultation, and now it is allowed. It has opened up

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