Stricter Chinese scrutiny of offshore vehicles a blow for tech and biotech IPO candidates

    Stricter Chinese scrutiny of offshore vehicles a blow for tech and biotech IPO candidates

    US dollar-denominated funds could face more hurdles when investing in Chinese tech and biotech companies as Beijing adopts a stricter approach to companies seeking listings via offshore incorporated vehicles. Indicative of Chinese regulators’ caution in overseeing sensitive industries, industry sources say the move ensures that any sale of assets does not escape regulatory scrutiny. And…

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    Hong Kong exchange’s confidential filing option lures tech listing hopefuls, law firm says

    Hong Kong exchange’s confidential filing option lures tech listing hopefuls, law firm says

    Nearly half of the biotech and technology start-ups seeking initial public offerings (IPOs) in Hong Kong are opting for confidential filings under a new listing channel that allows them to protect sensitive data, according to a lawyer with international law firm Cooley. Companies choosing confidential filings often have concerns about sensitive information being released to…

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    Hong Kong exchange’s confidential filing option lures tech listing hopefuls, law firm says

    Hong Kong exchange’s confidential filing option lures tech listing hopefuls, law firm says

    Nearly half of the biotech and technology start-ups seeking initial public offerings (IPOs) in Hong Kong are opting for confidential filings under a new listing channel that allows them to protect sensitive data, according to a lawyer with international law firm Cooley. Companies choosing confidential filings often have concerns about sensitive information being released to…

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