 "Didi Chuxing, China")
China’s securities watchdog said on Sunday it respects companies’ choices on where to list their stock while adding some domestic companies were actively working with Chinese and foreign regulators to have shares listed in the US.
The China Securities Regulatory Commission denied reports of a possible ban on one method of overseas stock listings and said in a statement that reports are “completely misleading” that regulators are promoting firms drop their US listings.
The CSRC said in a statement on Wednesday it wasn’t true that China would stop overseas listings of firms using a variable interest entity structure. Bloomberg
