Shares of Zoom Video Communications (ZOOM) began trading on April 18, 2019 with an initial public offering that raised $752 million, as the stock initially soared more than 80%.
Internet streaming service iQiyi, raised $2.3 billion in its Nasdaq IPO on March 29, 2018. Hillhouse was the largest investor in the company’s January 2017 funding.
On October 26, 2016, ZTO Express, one of the largest express delivery companies in the world, completed a $1.4 billion IPO on the New York Stock exchange. The listing was the largest IPO of the year at the time of listing, and the largest by any Chinese company in the US since Alibaba’s in 2014.
On February 2, 2016, BeiGene, which focuses on the discovery and development of innovative cancer drugs, successfully listed on the New York Stock exchange. The listing was the first IPO of the year in the US, raising $158 million. The proceeds will be used to help fund the company’s next stage of clinical trials.
In Nasdaq’s biggest listing of 2014, JD.com raised $1.9 billion from the public markets, in addition to a concurrent private placement from Tencent.
US investors showed their strong confidence in the future of the online Chinese travel market, as Qunar shares doubled in its first day of trading on November 1, 2013.