A view of the China Securities Regulatory Commission office building located at Beijing’s Financial Street in downtown Beijing on December 18, 2019. Photo: SCMP/Simon Song
A view of the China Securities Regulatory Commission office building located at Beijing’s Financial Street in downtown Beijing on December 18, 2019. Photo: SCMP/Simon Song
IPO

China’s new VIE rule eases concerns about overseas IPOs following months of uncertainty after Didi probe

  • China’s securities watchdog published a new draft regulation stating companies can list overseas as variable interest entities if they meet compliance rules
  • A requirement for security reviews of certain companies seeking overseas listings after Didi Global’s New York IPO led to uncertainty about the VIE structure

Topic |   IPO
A view of the China Securities Regulatory Commission office building located at Beijing’s Financial Street in downtown Beijing on December 18, 2019. Photo: SCMP/Simon Song
A view of the China Securities Regulatory Commission office building located at Beijing’s Financial Street in downtown Beijing on December 18, 2019. Photo: SCMP/Simon Song
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