US-listed Chinese companies must disclose to investors any risk of government interference

Source: Tech – South China Morning PostChinese companies listed on US stock exchanges must disclose the risks of the Chinese government interfering in their businesses as part of their regular reporting obligations, a top US Securities and Exchange Commission (SEC) official said on Monday.Democratic commissioner Allison Lee’s comments are the first by an SEC official since Chinese regulators launched a massive cyber probe of ride-hailing giant Didi last week, just days after its US$4.4 billion (28,5 billion yuan) New York listing,…Read More

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