![](https://i0.wp.com/shacklemedia.com/wp-content/uploads/2023/02/china-sets-new-rules-for-overseas-ipos-what-it-means-for-didi-alibaba-and-others.jpg?w=640&ssl=1)
China has announced new rules on overseas IPOs, potentially sparking the resumption of Chinese companies listing in New York.
Under the new rules, the China Securities Regulatory Commission (CSRC) will vet any overseas listing applications, effective from March 31. The regulator has the power to block such IPOs, and the rules make clear listings must not endanger national security.
Source: finance.yahoo.com
Related posts:
Yellow is ceasing ‘regular operations’ on Friday
Bitcoin faces only one 'legitimate risk,' MicroStrategy CEO Michael Saylor says
Kevin O’Leary sees ‘trillions’ coming to crypto — but he still loves these dividend stocks
Why the Fed Wants Home Buyers to Face Higher Mortgage Rates
Car rental firm Hertz to sell 20,000 EVs for gas-powered vehicles