
No more IPO allowed for Chinese Companies in the United States! Attorney Edward Liu in San Francisco: China retaliates on Biden sanctions vs. HKG 不允許中國公司在美國上市!舊金山劉文貽律師:中國報復拜登對香港的製裁.
No más! No más! No más! Wall Street frets as China stop listing IPOs in NYC stock market
Time to cut bait!
(Bloomberg) — For two decades Chinese tech firms have flocked to the U.S. stock market, drawn by a friendly regulatory environment and a vast pool of capital eager to invest in one of the world’s fastest-growing economies.
Now, the juggernaut behind hundreds of companies worth $2 trillion appears stopped in its tracks.
Beijing’s July 10 announcement that almost all businesses trying to go public in another country will require approval from a newly empowered cybersecurity regulator amounts to a death knell for Chinese initial public offerings in the U.S., according to long-time industry watchers.
https://finance.yahoo.com/news/china-signals-end-2-trillion-200000682.html 👈