US-listed Chinese companies must disclose government interference risks - SEC official

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This follows China's cybersecurity investigation against Didi just days after its US$4.4 billion New York listing.

Chinese companies listed on US stock exchanges must disclose the risks of the Chinese government interfering in their businesses as part of their regular reporting obligations, a top US Securities and Exchange Commission official said on Monday.

Democratic commissioner Allison Lee's comments are the first by an SEC official since Chinese regulators launched a massive cyber probe of ride-hailing giant Didi Global last week, just days after its US$4.4 billion New York listing, wiping 25 percent off its share price.

 

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Belgique Dernières Nouvelles, Belgique Actualités