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China Securities Watchdog Seeks Communication With U.S. On IPOs Stocks News Feed

August 2, 2021
Source: stocksnewsfeed.com stocksnewsfeed.com
News Snapshot:
The China Securities Regulatory Commission (CSRC) has said that it will initiate talks with its U.S. counterpart and support overseas listings after the U.S. Securities and Exchange Commission halted the initial public offerings of Chinese companies, Reuters reports. The CSRC is looking forward to increasing its communication with the U.S. Securities and Exchange Commission (SEC) to find a suitable resolution regarding Chinese companies’ listings. On Friday, the SEC said that it would suspend any Chinese IPOs until companies improved their risk disclosures. According to SEC, Chinese issuers must disclose if they were denied permission from Chinese authorities to list on...
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