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Exclusive: SEC Gives Chinese Companies New Requirements for US IPO Disclosure

August 24, 2021
Source: texasnewstoday.com texasnewstoday.com
News Snapshot:
August 23, 2021 Echo One (Reuters) – The US Securities and Exchange Commission (SEC) has released a new disclosure to Chinese companies seeking to list on New York as part of a push to raise investor awareness of the risks involved, according to a document reviewed by Reuters. Started issuing requirements. And people who are familiar with the problem. Some Chinese companies are beginning to receive detailed instructions from the SEC on more detailed disclosures regarding the use of offshore vehicles known as Variable Interest Entities (VIEs) for IPOs. Investor impact and risk of Chinese authorities interfering with the operation...
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Tags: accounting | audit | Cayman | chairman | China | Chinese | commission | corporate governance | corporate social responsibility | data | delisting | Didi | education | ESG | initial public offering | investor | ipo | IT | listings | New York | offshore | report | stock market | technology | United States

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