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China is clarifying rules for overseas IPOs. Here's what we still don't know.
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cnbc.comBEIJING — Half a year since the rush of Chinese IPOs to the U.S. dried up, many details remain unknown for companies wanting to pursue such international listings.
Since the fallout over Chinese ride-hailing app Didi's IPO in late June, authorities have increased their scrutiny of Chinese companies raising billions of dollars in U.S. public markets. A 10-year high of 34 China-based companies listed in the U.S. this year, but only three of the IPOs have occurred since July, according to Renaissance Capital.
Regulators in both countries have issued clarifications this month on what's needed from Chinese companies to go public in the U.S. While it's a start, many questions about implementation remain.
Over the Christmas holiday weekend on Wall
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