SEC Gives China Firms New U.S. IPO Disclosure Rules: Rtrs

The SEC is increasing its scrutiny on Chinese companies using offshore entities to list in the US, requiring detailed disclosures on cash flows and political risks. This follows the Didi IPO incident, where China launched a security investigation shortly after the IPO. The regulatory environment remains uncertain, with the SEC pausing approvals for new Chinese IPOs, indicating more work is needed for compliance.

What did SEC Chairman Gensler indicate about the approval of Chinese IPOs in the US?

What challenges do Chinese companies face in obtaining a green light for their IPOs in the US?