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China’s securities watchdog reaches out to US in Didi crackdown aftermath | South China Morning Post

Source: scmp.com scmp.com
News Snapshot:

China’s securities watchdog is seeking greater communication with its US counterpart over listing requirements for Chinese companies amid fresh disclosure demands from the United States for China-based firms. “The securities regulators of the two countries should uphold the spirit of mutual respect, strengthen communication on regulating China-related stocks, and find appropriate solutions to create sound policy expectations and a sound regulatory environment for financial markets,” the China Securities Regulatory Commission (CSRC) said on Sunday. The statement came after the US Securities and Exchange Commission (SEC) on Friday halted Chinese companies from raising money on US financial markets until they improved…

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