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US SEC has new disclosure requirements for Chinese companies seeking to list in New York

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Reuters had this out a few hours ago, posting now as a bit of a catch up for those interested. 

  • Some Chinese companies have now started to receive detailed instructions from the SEC about greater disclosure of their use of offshore vehicles known as variable interest entities (VIEs) for IPOs; implications for investors and the risk that Chinese authorities will interfere with company operations.

I bolded that bit as its been a key concern on Chinese equities 

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