(Yicai Global) March 20 -- The New York Stock Exchange is unconcerned by China's proposals to allow tech stocks to return to the A-share market due to the existing strong demand among Chinese firms for initial public offerings in the US.

Some 25 to 30 Chinese companies currently have NYSE listings in the works for the next two years, the 21st Century Business Herald reported NYSE Group Vice-President Alexandre Ibrahim as saying.

China is currently the largest source of NYSE-listed companies outside the US. Some 86 Chinese companies have raised more than USD1 trillion on the market NYSE, Ibrahim said. China remains the biggest growth point for listings from overseas companies, followed by Latin America and Canada, he added.

While there remain heated discussions on the return of China's concept stocks to the A-share market, there has been a new wave of momentum among Chinese firms looking to list in the US that has exceeded expectations in both quantity and scale, he said.

"Education, technology, and finance are still the focus of Chinese companies when listing in the US in the future. We expect that after the boom last year, 2016 will still be another major year for the listing of China concept shares, Ibrahim said.

China's Netflix-like video platform iQIYI, Inc., which is backed by Baidu Inc., expects to IPO in the US on March 26, with a price range of USD17 to USD19. It intends to issue up to 125 million shares raising up to USD2.7 billion, nearly 40 percent more than a plan made at the end of 2017.

Another firm listing in the US is Shanghai Hode Information Technology Co., the operator of popular Chinese video platform Bilibili. The company switched its IPO plans from the NYSE to the NASDAQ Stock Market in a recent prospectus update, and expects to raise USD441 million to USD525 million, USD80 million more than previously estimated.

At least five more Chinese companies will list on the NYSE or the NASDAQ within next two weeks with USD4 billion expected to be raised.