Nov. 1 (NBD) -- In the past two years, while U.S. stocks hit record highs, the IPO in the U.S. have become a new trend for Chinese companies. This year, the Halter USX China Index has seen a rise of almost 50% and so far 18 Chinese companies have been listed in the U.S., one third of which are fintech companies. 

The Halter USX China Index is designed to provide measurement for the overall performance of US-listed China concepts stocks. According to Bloomberg Terminal, the Halter USX China Index has gained 49.92% since the start of 2017, the second highest in the past 8 years.

Of 59 components of the index, 45 stocks has seen a rise in their price this year, accounting for 76.2% of the total, and 10 stocks has doubled. And most of them from technology and consumer service industry. Baozun Inc, BITA, China Lodging Group, Tomorrow Advancing Life (TAL) and Autohome are the top five gainers. 

"For China's fintech companies, there will be a supercycle of IPO coming. After the financial crisis, the acceptance of US investors to China concept stocks changed in different periods. We are to start where foreign investors are very interested in Chinese companies' growth story." said Shaun Rein, Founder and Managing Director of China Market Research Group (CMR).

Apart from the fintech companies, education enterprises have also catched the wave of IPO in the U.S.. In September this year, RYB Education made its IPO in New York Stock Exchange. Then RISE Education was successfully listed on Nasdaq Last month.

However, the technology industry is more likely to be invested by U.S. investors in the future. "The technology companies, such as Alibaba and Sina Weibo, are the one that are the most interested in by foreign investors." Shaun told NBD. "Because the foreign investment community is very interested in the tech, and Chinese tech companies are the most innovative in the world. The second thing they are excited about is Chinese consumer base. As China shifted its economy base of heavy industry and investment more to services and consumption, people want to bet on the Chinese consumers." 

Email: zhanglingxiao@nbd.com.cn