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China Plans to Exempt H.K. IPOs From Cybersecurity Reviews Bloomberg News, Bloomberg News A screen displays stock figures outside the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Monday, Sept. 16, 2019. The Hong Kong bourse's unsolicited takeover bid for the London Stock Exchange Group Plc was greeted with a scathing rejection and the exchange suffered a further humiliation when China praised the rebuff as well. , Photographer: Bloomberg/Bloomberg (Bloomberg) -- China plans to exempt companies g...

Wall Street’s $US6b fee bonanza feels chill of China IPO curbs We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Cathy Chan Normal text size Advertisement Just months after bankers celebrated a record haul from taking Chinese companies public in New York and Hong Kong, they’ve had a rude awakening. Deals are being shelved and investors are nursing heavy losses. A chill has settled over global finance after a fortnight in which China first cracked down on its Uber-like Didi Global within days of a US trading debut, followed swiftly by the State Counci...

Cathy Chan, Bloomberg News Buildings in the Manhattan skyline in New York, U.S., on Thursday June 17, 2021. New York state's pandemic mandates were lifted last week, after 70% of the adult population has now been given at least one dose of a coronavirus vaccine. Photographer: Victor J. Blue/Bloomberg , Bloomberg (Bloomberg) -- Just months after bankers celebrated a record haul from taking Chinese companies public in New York and Hong Kong, they’ve had a rude awakening. Deals are being shelved and investors are nursing heavy losses. A ch...

by Tyler Durden Saturday, Jul 10, 2021 - 08:00 PM China's unprecedented crackdown on its burgeoning (for now) tech industry just won't stop and overnight, China's Cyberspace Administration of China - the same entity responsible for the crackdown on Didi - proposed new rules that would require nearly all companies seeking to list in foreign countries to undergo a cybersecurity review, a move that would significantly tighten oversight over its internet giants. tech platform companies that possess the personal data of at least 1 million users will have to apply for approval from the Cybersecurit...

China Tightens Rules on Foreign IPOs in New Blow to Tech Firms Bloomberg 10 hrs ago Bloomberg News (Bloomberg) -- China proposed new rules that would require nearly all companies seeking to list in foreign countries to undergo a cybersecurity review, a move that would significantly tighten oversight over its internet giants. Popular Searches Companies holding data on more than 1 million users must now apply for cybersecurity approval when seeking listings in other nations because of the risk that such data and personal information could be “affected, controlled, and malici...