China has deferred plans to launch the CDR scheme for tech companies listed overseas because of many reasons, including a falling stock market, which has entered bear territory. Photo: Reuters China has deferred plans to launch the CDR scheme for tech companies listed overseas because of many reasons, including a falling stock market, which has entered bear territory. Photo: Reuters
China has deferred plans to launch the CDR scheme for tech companies listed overseas because of many reasons, including a falling stock market, which has entered bear territory. Photo: Reuters

Why China’s plan to launch the highly touted CDR scheme is still on hold

Tech firms’ unwillingness to accept certain terms related to the issuance of CDRs, a stock market rout and weakening yuan in the face of trade war with the US, has forced Beijing to indefinitely the launch plans on hold

Topic |   China stock market
China has deferred plans to launch the CDR scheme for tech companies listed overseas because of many reasons, including a falling stock market, which has entered bear territory. Photo: Reuters China has deferred plans to launch the CDR scheme for tech companies listed overseas because of many reasons, including a falling stock market, which has entered bear territory. Photo: Reuters
China has deferred plans to launch the CDR scheme for tech companies listed overseas because of many reasons, including a falling stock market, which has entered bear territory. Photo: Reuters
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