As tensions mount between Washington and Beijing ahead of the U.S. presidential elections in November, Stonehorn Global Partners' Sam Le Cornu sees more Chinese firms returning home.
Le Cornu told CNBC's "Squawk Box Asia" on Monday that there's "a huge amount of money" returning to China in the IPO space. Major firms that have found their way back to China through secondary listings on the Hong Kong stock exchange, following listings in the U.
S., include: Alibaba, JD.com as well as NetEase."There's a huge amount of money coming back home in terms of the IPO space," Le Cornu, who is CEO & co-founder of the firm, told CNBC's "Squawk Box Asia" on Monday.rhetoric "is getting harsher and harsher" ahead of the election, he said.
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