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

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
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