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this post was submitted on 02 Apr 2024
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Asklemmy
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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 ๐ฐ?
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.