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China regulator proposes cybersecurity review for some Hong Kong IPOs The Edge Markets

November 14, 2021
Source: theedgemarkets.com theedgemarkets.com
News Snapshot:
A woman takes pictures in front of high-rise buildings in the Central financial district after sunset in Hong Kong, China on March 30, 2021. (Photo by Lam Yik/Reuters filepix) - A + A BEIJING (Nov 14): China's cyberspace regulator on Sunday proposed requiring companies pursuing share listings in Hong Kong to apply for cybersecurity inspections if they handle data that concerns national security. Large internet platforms planning to set up headquarters, operating or research centres abroad should also submit a report to regulators, the Cyberspace Administration of China said in the draft rules. The document, published on the regulator's WeChat...
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Tags: Beijing | China | cybersecurity | Cyberspace Administration of China | data | Didi | Didi Chuxing | EDGE | finance | financial | Giant | government | headquarters | Hong Kong | initial public offering | instant messaging | Internet | ipo | IT | national security | social media | technology | Tencent | website | WeChat

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