TFO Winder@lemmy.ml to Asklemmy@lemmy.ml · 9 months agoWhy foreign companies like Toyota/Alibaba list on New York Stock exchange even though tokyo and others exist.message-squaremessage-square8fedilinkarrow-up143arrow-down13
arrow-up140arrow-down1message-squareWhy foreign companies like Toyota/Alibaba list on New York Stock exchange even though tokyo and others exist.TFO Winder@lemmy.ml to Asklemmy@lemmy.ml · 9 months agomessage-square8fedilink
minus-squaremannycalaveralinkfedilinkarrow-up33arrow-down4·9 months agoWhy do companies list on stock exchanges at all? Answer that question and you’ll understand how to answer your question.
minus-squaremannycalaveralinkfedilinkarrow-up24arrow-down1·9 months agoExactly, so does it make sense to expose your listing to another country’s public if you think you can raise more 💰?
minus-squarelivus@kbin.sociallinkfedilinkarrow-up1·9 months agoSo I guess the missing piece here is for many people it’s much easier to buy and hold shares from an exchange in their own country. Additionally, they get bought by index funds that buy shares that are listed on particular exchanges.
Why do companies list on stock exchanges at all? Answer that question and you’ll understand how to answer your question.
To raise money from the public.
Exactly, so does it make sense to expose your listing to another country’s public if you think you can raise more 💰?
So I guess the missing piece here is for many people it’s much easier to buy and hold shares from an exchange in their own country.
Additionally, they get bought by index funds that buy shares that are listed on particular exchanges.