Update: Chinese Regulator Denies Reports of VIE Listing Ban
China’s securities regulator denied media reports that the watchdog plans to ban companies from going public on overseas stock markets through variable interest entities (VIEs).
An official from the China Securities Regulatory Commission (CSRC) said Wednesday that the regulator has noticed the media reports, which are “not true.”
Chinese regulators, including the National Development and Reform Commission, the CSRC, and the Ministry of Commerce, have indeed been recently formulating new regulatory measures on VIE structures, Caixin learned.
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