Chinese Firms Press Ahead With U.S. Listing Plans Despite Regulatory Uncertainties

At least 15 Chinese companies with a variable interest entity (VIE) structure this year have pushed forward plans to go public in the U.S., showing that the country still appeals to Chinese companies despite the recent regulatory uncertainties sparked by the governments of both countries.

This batch of IPO applications is closely watched by the market, as they serve as a testing ground of Beijing’s and Washington’s attitudes toward Chinese companies listing in the U.S. under a new regulatory regime.