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China regulator proposes cybersecurity review for some Hong Kong IPOs

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Economy 12 hours ago (Nov 14, 2021 05:35AM ET) © Reuters. FILE PHOTO: A woman takes pictures in front of high-rise buildings in the Central financial district after sunset in Hong Kong, China March 30, 2021. REUTERS/Lam Yik BEIJING (Reuters) -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…

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