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China s crackdown puts at least 70 IPOs, billions in fees on ice | Banks News

China s crackdown puts at least 70 IPOs, billions in fees on ice | Banks News
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Chinese airline plans $400 million IPO to fund fleet expansion

SHANGHAI, China – Chinese budget carrier Spring Airlines said it plans to raise 2.5 billion yuan (US$400 million) in an initial public offering (IPO) in Shanghai to fund fleet expansion in the country SHANGHAI, China – Chinese budget carrier Spring Airlines said it plans to raise 2.5 billion yuan (US$400 million) in an initial public offering (IPO) in Shanghai to fund fleet expansion in the country’s rapidly expanding aviation sector. The company plans to sell up to 100 million new shares for listing on the main board of the Shanghai Stock Exchange, according to a draft prospectus released late Thursday. Proceeds will be used to help purchase up to nine Airbus A320 aircraft and three A320 flight simulators, as well as to replenish working capital, it said in a document filed with the China Securities Regulatory Commission (CSRC).

中國新單位嚴審海外IPO 開曼註冊也難逃

中國新單位嚴審海外IPO 開曼註冊也難逃 2021/07/09 07:40 在對滴滴出行啟動網路安全調查後,北京收緊企業海外上市的審查。(路透) 〔編譯魏國金/綜合報導〕在中國當局宣佈將收緊企業海外上市規則,加強跨境監管合作後,路透披露,3名知情人士指稱,中國證監會正成立1個專責小組,審查中企海外IPO(首次公開募股)計畫,尤其聚焦於利用所謂可變利益實體結構(VIE)方式,尋

大陸財經:中國將嚴查企業海外IPO結構,要求海外上市需獲相關部委批准_富聯網

據三位知情人士透露,中國證監會(CSRC)正在組建一個團隊,主要針對尋求利用所謂的VIE(可變實體)結構在海外上市的公司。 VIE結構是20年前創建,目的是為規避境內法律法規對媒體和電信等敏感行業的外資比例限制,使中企能夠通過海外上市在海外籌集資金。這項體制被中國新經濟企業 主要是互聯網公司廣泛採用,這些企業通常註冊在開曼群島和英屬維爾京群島,因此不屬於北京方面的法律管轄範圍。這讓企業在海外籌集資金時有更大的靈活性,同時避開在本地註冊的公司必須經過的審查和漫長的IPO審批程序。 兩位知情人士說,中國證監會先前對使用VIE結構的中國公司採取較為溫和的態度,現在正考慮進行徹底檢查。

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