The most important consideration for a Hong Kong listing has always been to hedge against US risks after Trump’s return, CFO Simon Cai says.
China's Full Truck Alliance (FTA), also known as Manbang, is considering a secondary listing in Hong Kong to hedge against US risks, particularly those associated with potential policies from a returning Donald Trump administration. The company had previously planned a Hong Kong listing in 2022 but scrapped it after US audit access improved.
