Here’s what we still don’t know.
Regulators in both countries have issued clarifications this month on what’s needed from Chinese companies to go public in the U.S.
Over the weekend, the China Securities Regulatory Commission released proposed rules for domestic companies if they want to list overseas.
“The details of rule enforcement still need further observation, especially the supervisory scope of other related ministry regulators, in addition to the CSRC,” said Winston Ma, adjunct professor of law at New York University
BEIJING — Half a year since the rush of Chinese IPOs to the U.S. dried up, many details remain unknown for companies wanting to pursue such international listings.
Since the fallout over Chinese ride-hailing app Didi’s IPO in late June, authorities have increased their scrutiny of Chinese companies raising billions of dollars in U.S. public markets. A 10-year high of 34 China-based companies listed in the U.S. this year, but only three of the IPOs have occurred since July, according to Renaissance Capital.
