"This is not only a practical matter of improving relevant regulations and standardizing the behavior of relevant enterprises in response to a changing situation, but also reflects China's firm determination to promote opening up and make use of dual sources of capital." 3/14
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Too long, didn't read: "Everyone chill out, you can still have your foreign cash and choose where you IPO, but you'll need to follow a procedural checklist... just as soon as we make one. Also, coordination between countries, plz." 14/14
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Nice cool down, although people will probably forget all about this in a couple of months when new measures comes
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Laying ground rules was always the point from China's perspective, but the question is whether or not new rules make it harder to list in the States by, for example, requiring U.S. agencies to provide a level of cooperation they are unwilling to provide given political situation.
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