Beijing’s heightened scrutiny on the foreign listings of Chinese companies could further incentivize them to list on home soil in Hong Kong, potentially increasing Hong Kong listings work at the expense of the U.S.

On Saturday, the Cyberspace Administration of China (CAC) proposed to update a year-old regulation to explicitly require Chinese companies listing abroad undergo a cybersecurity review before doing so. The proposal came a few days after the cybersecurity regulator launched reviews into the data collection practices of three Chinese tech companies that recently listed in the U.S.: Didi Chuxing, Full Truck Alliance Co. and Kanzhun Ltd.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]