China’s regulator soothes nervous markets over Chinese stocks’ delisting woes after global sell-off

Source: Tech – South China Morning PostChina’s securities regulator said it maintains an open attitude to where companies seek to raise funds and respects their choices, denying reports of any imminent restrictions on overseas listings as it soothes market jitters to reverse a global sell-off of Chinese stocks.Reports that regulators are pushing for so-called variable interest entities (VIE) to drop their listings in the United States are a “complete misreading and misinterpretation” of the regulations, the China Securities…Read More

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