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IPO

Feature

Bankers meet with Hong Kong's government

The CEOs of the leading investment banks will meet in Hong Kong for the first time since the pandemic. The meeting is considered a commitment to the world's third-largest financial center of 2021. Nevertheless, many things have gone awry there: The stock market is dragging its feet and there is no progress on opening up the Chinese market. The bankers will have clear words for Hong Kong's Chief Executive John Lee.

By Frank Sieren

Feature

Beijing plans to plug loopholes for overseas IPOs

Through VIE companies, Chinese firms can trade their shares on foreign stock exchanges. The authorities now plan to crack down on this. They are concerned that domestic tech companies working with sensitive data could become too international.

By Ning Wang