"Based on this premise, China supports enterprises to use two markets and two sources of capital for financing in accordance with laws and regulations. This open attitude will not change." 5/14
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Nice cool down, although people will probably forget all about this in a couple of months when new measures comes
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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Plus potentially the next leg being US rules "Sure you can IPO here, but we make US persons not allowed to buy".
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Yeah it’s really a layered situation, awfully covered by some media like a “delist or not delist” situation, like a zero sum game. That said, the end result is looking like a sign that they don’t want all foreign capital to go away, just the one centered on strategic areas
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And even in that sense, there are different reg organs working on different measures I think outsiders make seem like all measures are being taken by one giant entity (commonly referred as “CCP”) Of course there is coherence between organs, but not in complete unity
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