China's securities regulator has moved to clamp down on U.S. stock listings by small homegrown companies amid concerns that many of these firms have been used as vehicles for price-rigging, inflicting significant losses on U.S. investors, according to the Financial Times.
The China Securities Regulatory Commission (CSRC) has announced its intention to impose "tighter control" over the U.S. listings of Chinese companies with small market capitalizations and weak fundamentals. Sources close to the regulator told the Financial Times that such companies are particularly prone to market manipulation.
This regulatory action comes in response to multiple cases where small Chinese firms listed on U.S. exchanges were implicated in price manipulation schemes. The CSRC's crackdown aims to protect investors by preventing companies that are vulnerable to manipulation from accessing foreign capital markets without stricter oversight.
Analysts say the move reflects broader efforts by Beijing to enhance financial market supervision and restore confidence among international investors. The impact of these new measures could be far-reaching, potentially limiting the options for Chinese companies seeking to raise capital in the United States.
Details on the timeline for implementing these tighter controls have not been disclosed, and Chinese officials have not yet provided further comment on the matter. U.S. regulators and investors will be closely watching as this development unfolds, assessing its implications for cross-border listings and market stability.
Taiwan’s defence ministry reported a notable increase in Chinese military maneuvers near the island’s southwestern coast on Tuesday, though officials stressed that no live-fire exercises were observed.
Chinese companies are rapidly adopting DeepSeek’s latest AI model to improve productivity and services after its impressive debut earlier this year. The artificial intelligence model is being integrated into tech, telecom, finance, healthcare, and energy sectors.
Chinese AI startup DeepSeek announced on Wednesday a significant reduction in the cost of its API usage during off-peak hours. Between 1630 GMT and 0030 GMT, developers integrating DeepSeek’s AI models via its API can expect savings of up to 75%.
China's government on Wednesday accused Taiwan of "manipulating" potential Chinese involvement in the recent severing of an undersea communications cable before all the facts were known, as tensions continue to simmer in the Taiwan Strait.
Algeria’s upper house, the Council of the Nation, announced on Monday the immediate termination of its relations with the French Senate, including the cessation of the parliamentary cooperation protocol signed on September 8, 2015.
Ukrainian President Volodymyr Zelenskyy will meet U.S. President Donald Trump in Washington on Friday to sign a major agreement. The deal focuses on Ukraine’s rare earth minerals, promising investment but raising concerns over economic sovereignty.
US tech giant Nvidia reported an 80% year-on-year increase in net income for the last quarter of fiscal 2025, with earnings climbing to $22.1 billion - an increase of $9.8 billion compared to the same period last year.
Russia’s delegation has arrived at the Istanbul residence of the US consul general, where the two countries will hold a meeting on embassy issues, TASS reported. The U.S. State Department said Thursday's talks will not include any discussions on Ukraine.
A recent discovery has revealed that ancient artifacts from the Treasure of Villena were crafted using metal from meteorites, offering new insights into early metalworking techniques in the Iberian Peninsula.
Polish startup Clone Robotics has unveiled Protoclone, the world’s first anatomically accurate humanoid robot, featuring artificial muscles, bones, and joints that enable lifelike movements.
Berlin, February 21, 2025 – German citizens will head to the polls on Sunday, February 23, for a snap general election after the coalition government collapsed late last year.
Berlin, February 20, 2025 – Mercedes-Benz has launched a fresh cost-cutting initiative aimed at reviving sales and margins, as the German carmaker forecasts a significant drop in earnings in 2025.
The city of Buriticupu, in Brazil’s northeastern Amazon, is facing a worsening crisis as massive sinkholes continue to expand, forcing authorities to declare a state of emergency. More than 1,200 residents are at risk of losing their homes.
US tech giant Nvidia reported an 80% year-on-year increase in net income for the last quarter of fiscal 2025, with earnings climbing to $22.1 billion - an increase of $9.8 billion compared to the same period last year.
Chinese companies are rapidly adopting DeepSeek’s latest AI model to improve productivity and services after its impressive debut earlier this year. The artificial intelligence model is being integrated into tech, telecom, finance, healthcare, and energy sectors.
In a move with potentially far-reaching implications for the tech industry in Europe, Italian tax authorities have extended their investigation to Elon Musk’s social network X, seeking €12.5 million in value-added tax (VAT) for the period 2016 to 2022, Reuters has reported.
At its investor meeting on Tuesday, Apple shareholders overwhelmingly voted against an anti-diversity, equity, and inclusion (DEI) proposal brought forward by the conservative National Center for Public Policy Research. The proposal, one of four on the ballot, called on the tech giant to cease its D
Egg prices in the United States are predicted to increase by 41.1% in 2025, according to a report released by the Department of Agriculture (USDA) on Tuesday. U.S. Secretary of Agriculture Brooke Rollins met with poultry farmers and industry leaders focused on avian flu response efforts.
Algeria’s upper house, the Council of the Nation, announced on Monday the immediate termination of its relations with the French Senate, including the cessation of the parliamentary cooperation protocol signed on September 8, 2015.
Ukrainian President Volodymyr Zelenskyy will meet U.S. President Donald Trump in Washington on Friday to sign a major agreement. The deal focuses on Ukraine’s rare earth minerals, promising investment but raising concerns over economic sovereignty.
US tech giant Nvidia reported an 80% year-on-year increase in net income for the last quarter of fiscal 2025, with earnings climbing to $22.1 billion - an increase of $9.8 billion compared to the same period last year.
Russia’s delegation has arrived at the Istanbul residence of the US consul general, where the two countries will hold a meeting on embassy issues, TASS reported. The U.S. State Department said Thursday's talks will not include any discussions on Ukraine.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment