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China s crackdown on US listings threatens $2 7trn market

China’s crackdown on US listings threatens $2.7trn market US listings could become far more difficult for Chinese companies, particularly those whose businesses depended heavily on data — if they were allowed at all. Hudson Lockett and Tabby Kinder Jul 8, 2021 – 11.36am Save Share Hong Kong | Beijing has sent shockwaves through global financial circles with plans to tighten restrictions on overseas listings of Chinese companies, in a development that could threaten more than $US2 trillion ($2.7 trillion) worth of shares on Wall Street. But the vague and sprawling nature of the announcement on Tuesday, which followed a crackdown on New York-listed ride-hailing group Didi, has sown confusion among traders and investment bankers. Chinese companies are already reconsidering US listings, hitting a lucrative trade for American banks.

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Explainer: How Chinese clampdown will target offshore listings - Netscape Money & Business

Explainer: How Chinese clampdown will target offshore listings - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

China targets offshore IPO structure, to require ministry approval -sources

China targets offshore IPO structure, to require ministry approval -sources
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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