Investors in China, Looking At Other Markets as IPO Scrutiny Builds
Chinese regulators’ growing scrutiny of local companies’ overseas IPO’s –namely in the U.S.– are prompting investors to look elsewhere. Funds in China say that regulatory announcements add clarity in the security markets, but fintech firms aiming at local IPOs are also finding it hard. Q2 2021 hedge fund letters, conferences and more Regulators Steadily Adding PoliciesWith regards to the tightening in securities regulations, Michael Xu, managing partner at China-based CEC Asset Management, was quoted as saying on CNBC: “There is no impact at all on exits, investment direction and investment st...