China's securities watchdog CSRC says reports on China's pos...
China's securities watchdog CSRC says reports on China's possible bans on overseas listing through VIE are NOT TRUE. US-listed Chinese stocks extend gains in premarket after CSRC's statement;$DIDIup 1.8%,$BABAUp 1.4%.
China Securities Regulatory Commission: We have taken note of relevant media reports (VIE companies are prohibited from listing overseas), but this news is untrue. Pre-market gains were extended in the short term. Didi rose 1.8% and Alibaba rose 1.4%.
$DiDi Global (Delisted)(DIDI.US$
$Alibaba(BABA.US$
$BABA-SW(09988.HK$
$Baidu(BIDU.US$
$BIDU-SW(09888.HK$
China Securities Regulatory Commission: We have taken note of relevant media reports (VIE companies are prohibited from listing overseas), but this news is untrue. Pre-market gains were extended in the short term. Didi rose 1.8% and Alibaba rose 1.4%.
$DiDi Global (Delisted)(DIDI.US$
$Alibaba(BABA.US$
$BABA-SW(09988.HK$
$Baidu(BIDU.US$
$BIDU-SW(09888.HK$
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102711703 : Any link? Thanks
SEA HedgeOP 102711703: http://www.csrc.gov.cn/pub/newsite/zjhxwfb/xwdd/202112/t20211201_409221.html
102758766 : Let’s hope the western media picks up on this…