Partner David Manno Quoted in Reuters Article Discussing WeRide’s Nasdaq Trading Surge
Press Release – New York, NY – October 28, 2024 – David Manno, partner at Sichenzia Ross Ference Carmel LLP, was quoted last week in a nationally syndicated Reuters article entitled “China’s self-driving startup WeRide’s shares surge in Nasdaq debut.”
Per the article, the strong performance reflects a growing appetite among U.S. investors for Chinese companies, following nearly two years of uncertainty after the ride-hailing giant Didi Global’s delisting due to regulatory backlash in China.
Sichenzia Ross Ference Carmel is uniquely qualified to speak to Chinese companies listing in the US, given their extensive work counseling issuers and financial institutions on the transition to North American markets. Manno stated:
“Companies in hot sectors are going to get attention wherever they’re from. There’s so much enhanced disclosure that I don’t think it’s going to be an issue for Chinese companies going public (in the U.S.).”
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