Institutional Investor (September 1)
2021/ 09/ 03 by jd in Global News
“Most Chinese internet stocks will need to move their primary listings to Hong Kong or delist from the US” in light of *updated SEC rules regarding the audit of US listed China stocks” and recent actions by the Chinese government. “We don’t expect this to mean a disorderly unwind of VIE listed stocks listed in US,” but “it is unlikely stocks with data considered ‘sensitive’ can keep their primary listing in the US.”
Tags: Audit, China, Delis, Disorderly, Hong Kong, Internet stocks, Primary listings, SEC rules, U.S., Unwind, VIE
