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IPOs in the United States: globalists back on the high ground

Last week, there was finally clarity. The government “supports various enterprises to seek listings in the overseas market,” Vice Premier Liu He said. IPOs in Hong Kong and the US would be welcome. Chinese regulators have made good progress in paving the way for these IPOs, according to Liu. “The two sides are working on a concrete cooperation plan.” In parallel, the China Securities Regulatory Commission (CSRC) – the counterpart to the US Securities and Exchange Commission (SEC) – has already announced that it will “continue to strengthen communication with US regulatory agencies.”

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