A whole bunch of stuff is happening in the world of equities, with more evidence that Those in Command want to stop Chinese companies going to market in the US as much as many US politicians want to. Chinese companies that hold the data of more than 1 million users will need to pass a […]
Category: Markets
China is scheduled to kick off its long-awaited national carbon market on Friday, the Shanghai Environment and Energy Exchange said on Thursday in a statement, reported Caixin. The Shanghai exchange is responsible for managing accounts and operations of the national carbon trading system until a dedicated agency is created. Caixin learned that an opening ceremony will be held at […]
China plans to exempt companies going public in Hong Kong from first seeking the approval of the country’s cybersecurity regulator, removing one hurdle for businesses that list in the Asian financial hub instead of the US, reported Bloomberg. The exemption was outlined by officials in recent meetings with bankers, after a government statement on Saturday announcing […]
China has dispatched a team of officials to conduct on-site inspections at Didi Global as part of a probe into the ride-hailing giant, reported Bloomberg. Officials from the Cyberspace Administration of China, Ministry of Public Security, Ministry of State Security, Ministry of Natural Resources, as well as the tax, transport and antitrust regulators are beginning an investigation into […]
Chinese companies that have the data of more than 1 million users will need to pass a security review before issuing shares on overseas stock exchanges, the country’s internet regulator said on Saturday, reported the Financial Times. The announcement from the Cyberspace Administration of China came less than a week after the State Council, China’s […]