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China's shiniest tech stars may ignite a feeding frenzy from investors

Beijing is trying to reverse an exodus to American markets

Alibaba Group
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Photo: Reuters

Bloomberg
China’s push to get its fastest-growing companies to list shares at home could trigger a feeding frenzy from investors chasing the flashiest securities in a market dominated by old-economy stalwarts.

Beijing is trying to stem an exodus to American markets -- and that’s good news for U.S. investors as it may bring a valuation boost. From Alibaba Group Holding Ltd. to Baidu Inc., the country’s brightest tech stars have for years chosen to debut in New York despite once-richer valuations at home, drawn to abundant capital and the prestige of a marquee international listing. But executives say Beijing is now

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