China’s regulators have told banks to accelerate the listing of offshore companies, according to sources. In October, the China Securities Regulatory Commission (CSRC) met with banks and law firms to discuss this matter. The CSRC had introduced new rules in 2023 that tightened scrutiny on Chinese companies seeking international listings.
Hong Kong also aims to optimize listings for Chinese firms. This regulatory crackdown has implications for companies looking to expand their reach beyond the domestic market.
Source: https://www.reuters.com/business/finance/china-regulators-tell-banks-expedite-offshore-company-listings-sources-say-2024-12-09