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Chinese regulators say government policy is not always related to foreign IPOs.

December 5, 2021
Source: indianewsrepublic.com indianewsrepublic.com
News Snapshot:
China’s securities regulators said on Sunday that Beijing’s recent policy measures are not aimed at specific industries or private companies and are not necessarily related to companies seeking to be listed on foreign markets. .. China has been radically cracking down on internet companies, for-profit education, real estate developers and more in recent months. In a statement, the China Securities Regulatory Commission (CSRC) said, “The main purpose (of these moves) is to regulate monopoly and protect the interests and data security of small and medium-sized enterprises, as well as personal information security. “. .. Cyberspace regulators have suggested that companies...
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