In the News: Nasdaq Tightens Chinese Listings; China Tax Evasion; and US Closes Tariffs Loophole

August 21, 2024 | BY

Clarence Lee &Krista Lee

Nasdaq questioned the identities and backgrounds of Chinese IPO investors; China rolls out new phase of Golden Tax System; and U.S. Congress attempts to prevent Chinese companies from using de minimis loophole to avoid tariffs

Credit: Askar/Adobe Stock

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Amid Nasdaq Restrictions Chinese IPOs Continue to List in the US

The U.S. Nasdaq Stock Market has "been asking in some deals for China issuers, for additional diligence around things like [the identities of the] selling stockholders," according to John Owen, a capital markets partner at Morrison Foerster in New York.

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