The US Securities and Exchange Commission has started to issue new disclosure requirements to Chinese companies seeking to list in New York. Photo: AP
The US Securities and Exchange Commission has started to issue new disclosure requirements to Chinese companies seeking to list in New York. Photo: AP

Chinese companies seeking IPO in New York receive new disclosure requirements from US securities watchdog

  • Some Chinese firms are receiving detailed instructions from the SEC about greater disclosure of their use of variable interest entities (VIEs) for IPOs
  • The new requirements also cover implications for investors and the risk that Chinese authorities will interfere with company operations

The US Securities and Exchange Commission has started to issue new disclosure requirements to Chinese companies seeking to list in New York. Photo: AP
The US Securities and Exchange Commission has started to issue new disclosure requirements to Chinese companies seeking to list in New York. Photo: AP
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