Chinese network platform companies seeking foreign initial public offerings (IPOs) are already seeing new regulatory measures upon entering the new year. The new rules enable the Chinese Communist Party (CCP) to tighten its grip on China’s technology sector, experts say. On Jan. 5, the Anti-Monopoly Bureau of China’s State Administration for Market Regulation imposed fines on several big tech firms for violating antitrust regulations, which involved Chinese network platform companies. A day prior, the Cyberspace Administration of China (CAC), along with 12 other government agencies—including the China Securities Regulatory Commission (CSRC)—announced a new version of its high-profile “Cybersecurity Review Measures.” The new rules, which will take effect on Feb. 15, require all Chinese network platform companies with data on more than 1 million users to undergo a security review before listing abroad. “Where network platform operators that have information on 1,000,000 or more users in hand are to be publicly …