News Analysis A plan seems to be emerging in China to allow foreign capital to keep flowing into the country while granting Beijing increased control over its companies’ stock issuances. Earlier this month Chinese regulators including the Cyberspace Administration of China (CAC), the State Council, China’s cabinet, and the Chinese Communist party’s (CCP) Central Committee announced a new regulatory framework is necessary to oversee foreign stock listings of Chinese companies. The decision comes weeks after ride-hailing app Didi Chuxing’s New York IPO and could slow the parade of Chinese tech IPOs into the United States. But it may not slow the flow of foreign capital into China. The CCP is considering exempting companies going public in Hong Kong from needing approval from China’s CAC. The discussions are still ongoing, according to a July 15 Bloomberg report, but Beijing regulators have discussed this proposal with bankers recently. If successful, it could …
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