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China tech crackdown spooks global investors | Business| Economy and finance news from a German perspective | DW

China tech crackdown spooks global investors | Business| Economy and finance news from a German perspective | DW
dw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dw.com Daily Mail and Mail on Sunday newspapers.

China Will Still Allow IPOs in the United States, Securities Regulator Tells Brokerages

By Emily Tan, CNBC • Updated on July 28, 2021 at 11:55 pm Drew Angerer | Getty Images News | Getty Images China will continue to allow Chinese companies to go public in the U.S. as long as they meet listing requirements, China s securities regulator told brokerages late Wednesday, according to a source familiar with the matter. China Securities Regulatory Commission (CSRC) Vice Chairman Fang Xinghai made the comment during a virtual meeting with major investment banks on Wednesday, the source said. Chinese stocks listed in Asia and the U.S. including big names like Alibaba and Tencent plunged in the last several days as Chinese authorities increased scrutiny on tech companies over monopolistic practices and data security.

China extends takeover period for 9 financial cos linked to Tomorrow Holdings

China extends takeover period for 9 financial cos linked to Tomorrow Holdings
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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