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'China firms actively working with regulators for US listing'

Forcing US-listed Chinese firms to delist isn't responsible policy option: Securities watchdog

Didi Chuxing, China
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Chinese ride-hailing giant Didi Global said on Friday it planned to delist from the New York Stock Exchange, just five months after its debut (Photo: Reuters)

BloombergReuters
China’s securities watchdog said on Sunday it respects companies’ choices on where to list their stock while adding some domestic companies were actively working with Chinese and foreign regulators to have shares listed in the US.

The China Securities Regulatory Commission denied reports of a possible ban on one method of overseas stock listings and said in a statement that reports are “completely misleading” that regulators are promoting firms drop their US listings.
 

The CSRC said in a statement on Wednesday it wasn’t true that China would stop overseas listings of firms using a variable interest entity structure. Bloomberg

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