China's securities watchdog CSRC says reports on China's pos...
China's securities watchdog CSRC says reports on China's possible bans on overseas listing through VIE are NOT TRUE. US-listed Chinese stocks extend gains in premarket after CSRC's statement;$DIDIup 1.8%,$BABAup 1.4%.
China Securities Regulatory Commission: We have noticed the relevant media reports (prohibiting VIE companies from listing overseas), this news is not true. Pre-market Chinese concept stocks have expanded short-term gains, with DiDi up 1.8%, Alibaba up 1.4%.
$DiDi Global (Delisted) (DIDI.US)$
$Alibaba (BABA.US)$
$BABA-W (09988.HK)$
$Baidu (BIDU.US)$
$BIDU-SW (09888.HK)$
China Securities Regulatory Commission: We have noticed the relevant media reports (prohibiting VIE companies from listing overseas), this news is not true. Pre-market Chinese concept stocks have expanded short-term gains, with DiDi up 1.8%, Alibaba up 1.4%.
$DiDi Global (Delisted) (DIDI.US)$
$Alibaba (BABA.US)$
$BABA-W (09988.HK)$
$Baidu (BIDU.US)$
$BIDU-SW (09888.HK)$
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102711703 : Any link? Thanks
SEA Hedge OP 102711703 : http://www.csrc.gov.cn/pub/newsite/zjhxwfb/xwdd/202112/t20211201_409221.html
102758766 : Let’s hope the western media picks up on this…