Caixin
Dec 24, 2021 11:52 PM
FINANCE

China Says Complying VIE Companies Can List Overseas

The CSRC is seeking public opinion on the draft rules until Jan. 23.
The CSRC is seeking public opinion on the draft rules until Jan. 23.

China’s top securities regulator said domestic companies can use the variable interest entity (VIE) structure to list overseas as long as they comply with related requirements, as the regulator spells out updated rules for offshore share sales.

“Under the premise of complying with domestic laws and regulations, companies with VIE structure that meet compliance requirements can go to overseas listing after filing with regulators,” said the China Securities Regulatory Commission (CSRC) in a statement.

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