Since Sina Corp first went public using the VIE structure on New York’s Nasdaq in 2000, hundreds of Chinese firms have taken the same path. Photo: Bloomberg Since Sina Corp first went public using the VIE structure on New York’s Nasdaq in 2000, hundreds of Chinese firms have taken the same path. Photo: Bloomberg
Since Sina Corp first went public using the VIE structure on New York’s Nasdaq in 2000, hundreds of Chinese firms have taken the same path. Photo: Bloomberg
Frank S. Hong
Opinion

Opinion

The View by Frank S. Hong

Why China turns a blind eye to VIE tech firms and their foreign investors

  • As long as variable interest entities continue to raise foreign capital to boost China’s economy, without threatening it or Beijing, there is no danger of a regulatory crackdown

Since Sina Corp first went public using the VIE structure on New York’s Nasdaq in 2000, hundreds of Chinese firms have taken the same path. Photo: Bloomberg Since Sina Corp first went public using the VIE structure on New York’s Nasdaq in 2000, hundreds of Chinese firms have taken the same path. Photo: Bloomberg
Since Sina Corp first went public using the VIE structure on New York’s Nasdaq in 2000, hundreds of Chinese firms have taken the same path. Photo: Bloomberg
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Frank S. Hong

Frank S. Hong

Frank Hong is a corporate lawyer and the founder of the Shanghai-based Cook Ding Institute. www.cookding.org