China Denies Bloomberg's Report Of Closing Loophole Used By Alibaba, Tencent For Foreign IPOs

Dec 1st 2021 7:35am EST

China Denies Bloomberg’s Report Of Closing Loophole Used By Alibaba, Tencent For Foreign IPOs Future Chinese IPOs in the U.S. could be coming to an end, as early as this month, as Beijing seeks to crack down on variable interest entities, a loophole used by technology companies to raise billions of dollars in capital from overseas […]

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