In reaction to persistent problems and strongly fluctuating prices of Chinese stocks, the US Securities and Exchange Commission (SEC) has raised the entry barrier for IPOs of Chinese companies. Initially, then US President Donald Trump had banned the financing of supposedly dangerous corporations from the Middle Kingdom, sending stocks such as China Mobile into shock. The next attack came from the opposite direction: The government in Beijing is currently taking its own tech companies to task. It has repeatedly foiled plans of companies like Didi Chuxing to raise capital on international trading venues (as reported by China.Table). The SEC is now requiring listing candidates to disclose their shareholding structures. They are also to clearly identify impending risks from interference by Chinese regulators. fin
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