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China seeks better communication with US regarding overseas IPOs

August 2, 2021
Source: taipeitimes.com taipeitimes.com
News Snapshot:
China’s securities regulator called for talks with its US counterpart after the US Securities and Exchange Commission (SEC) halted the initial public offerings (IPOs) of Chinese companies. The China Securities Regulatory Commission (CSRC) is seeking to step up communication with the SEC to find a suitable resolution, it said in a statement yesterday, after the US regulator said it would suspend Chinese IPOs until such companies improved their risk disclosures. The Chinese watchdog called for mutual respect and collaboration on the issue. SEC Chairman Gary Gensler said the Chinese government’s recent actions, including its announcement of enhanced security reviews of...
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