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Top News In சீனா பத்திரங்கள் ஒழுங்குமுறை தரகு துணை Today - Breaking & Trending Today

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. ....

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China Convenes Banks in Bid to Restore Calm After Stock...

The hastily arranged call, which included attendees from several major international banks, was led by China Securities Regulatory Commission Vice Chairman Fang Xinghai, people familiar with the matter said, asking not to be named discussing private information. Some bankers left with the message that the education policies were targeted and not intended to hurt companies in other industries, the people said.It’s the latest sign that Chinese authorities have become uncomfortable with a selloff that sent the nation’s key stock indexes to the brink of a bear market on Wednesday morning. State-run media have published a series of articles suggesting the rout is overdone, while some analysts have speculated government-linked funds have begun intervening to prop up the market.China’s official Xinhua News Agency said in an article late Wednesday that recent policies targeting internet platforms and after-school tutoring are aimed at protecting online data security and social w ....

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Bloomberg: 5 things to start your day

Bloomberg: 5 things to start your day
mrtopstep.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mrtopstep.com Daily Mail and Mail on Sunday newspapers.

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China's Plunge Protectors Arrive: Beijing Convenes Banks To "Restore Market Calm After Rout"

China's Plunge Protectors Arrive: Beijing Convenes Banks To "Restore Market Calm After Rout"
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2:00PM Water Cooler 7/28/2021 | naked capitalism

2:00PM Water Cooler 7/28/2021 | naked capitalism
nakedcapitalism.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nakedcapitalism.com Daily Mail and Mail on Sunday newspapers.

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