Weekend Long Read: Why Solving U.S.-Listed Chinese Stocks’ VIE Issue Can Get Hong Kong Out of the Doldrums
My recent article on whether Hong Kong is ready for Chinese tech stocks exiled from New York has triggered heated debate. This time I’d like to continue the topic about Hong Kong, which involves national security, the city’s stock market, and the variable interest entity (VIE) ownership structure widely used by Chinese tech companies listed in the U.S.
First, let’s look at the logic and general knowledge behind some recent developments.
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