ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
International relations

China enlists Foxconn unit IPO in unification campaign

Mainland luring business and talent from Taiwan to deter independence

BEIJING/SHANGHAI -- The fast-tracked approval process for the Shanghai listing of a core unit of Taiwan's Hon Hai Precision Industry seems to be part of a Chinese effort to woo Taiwanese businesses and put economic pressure on the island's pro-independence government.

The China Securities Regulatory Commission is expected to greenlight an initial public offering for Foxconn Industrial Internet just a month after its application was submitted, setting up a debut as soon as April. It typically takes one or two years for applications to work their way through the pipeline.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more