China wants cooperation with US on overseas listings

Sunday, 01. August 2021 12:56

The China Securities Regulatory Commission (CSRC) stated on Sunday that it wants to "strengthen communication" with the United States Securities and Exchange Commission (SEC) concerning the regulation of US-listed Chinese companies.

A CSRC spokesperson added that the Chinese regulator also took note of the SEC's new decision to seek specific disclosures from China-based companies before their registration in the US.

"We support companies' choices between international and domestic markets in line with laws and regulations," the spokesperson explained.

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Breaking the News / MS