Financial Markets
Total 26 Posts
China Opens More to Foreign Investment, with Some Twists
On January 1, 2022, China's two updated negative lists for foreign investment came into effect. On paper, the shortened lists, with fewer sectors excluded from foreign investment, mean foreign investors are allowed to invest in more areas than before, with the auto and telecommunications manufacturing sectors being of
SEC Finalizes Rules to End the Trading of Chinese Company Shares in the U.S.; China Remains Optimistic that a Solution Is Possible
On December 2, the U.S. Securities and Exchange Commission (SEC) finalized the
rules [https://www.sec.gov/rules/final/2021/34-93701.pdf] on disclosure
requirements for Chinese companies in relation to audit reports issued by
foreign accounting firms that the U.S. government does not have access to. While
Three U.S. Senators Call For Penalties Against Chinese “Internet of Things” Company
On September 9, U.S. Senators Marco Rubio (R-FL), Rick Scott (R-FL), and Tom
Cotton (R-AR) sent a letter to Treasury Secretary Janet Yellen expressing
concern about Chinese “Internet of Things” (IoT) company Tuya, and asking the
Treasury Department to add Tuya to a “Chinese Military-Industrial Complex
Companies List,” which
Murky Future for Chinese IPOs in the United States
As the U.S. Securities and Exchange Commission (SEC) presses
[https://www.reuters.com/business/finance/exclusive-sec-gives-chinese-companies-new-requirements-us-ipo-disclosures-2021-08-23/]
Chinese companies to comply with U.S. requirements when they seek to list on a
U.S. stock market, it remains unclear how China would handle its disagreements
with the United States in
New SEC Rules Further Curb Chinese Companies’ IPOs
After the recent saga involving Chinese company Didi, which was subject to
investigations
[https://www.chinatrademonitor.com/china-tightens-data-security-scrutiny-on-technology-companies/]
by Chinese regulatory authorities only a couple of days after going public in
the United States, the U.S. Securities and Exchange Commission (SEC) is
tightening rules for Chinese companies who try