this post was submitted on 02 Apr 2024

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Why foreign companies like Toyota/Alibaba list on New York Stock exchange even though tokyo and others exist. (lemmy.ml)

submitted 7 months ago by tfowinder@lemmy.ml to c/asklemmy@lemmy.ml

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[–] tfowinder@lemmy.ml 15 points 7 months ago (2 children)

To raise money from the public.

[–] mannycalavera@feddit.uk 22 points 7 months ago

Exactly, so does it make sense to expose your listing to another country's public if you think you can raise more 💰?

[–] livus@kbin.social 1 points 7 months ago

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.