The Cyberspace Administration of China said it supports domestic companies to raise funds in overseas capital markets in accordance with laws and regulations. Photo: Shutterstock
The Cyberspace Administration of China said it supports domestic companies to raise funds in overseas capital markets in accordance with laws and regulations. Photo: Shutterstock
Regulation

China’s internet watchdog extends support for nation’s tech firms to raise funds abroad, signalling shift from hardline stance

  • The Cyberspace Administration of China on Friday backed tech firms’ fundraising overseas amid increased cybersecurity regulations
  • The internet watchdog’s public comments reflect efforts by China’s top leadership to ‘normalise’ regulation of the tech sector after past crackdowns

The Cyberspace Administration of China said it supports domestic companies to raise funds in overseas capital markets in accordance with laws and regulations. Photo: Shutterstock
The Cyberspace Administration of China said it supports domestic companies to raise funds in overseas capital markets in accordance with laws and regulations. Photo: Shutterstock
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