It’s based on publicly available in- formation from November 2020 compiled from SEC filings. The 2021 document, recently obtained by The Epoch Times, tracks more than 6,000 U.S.-based corporate and institutional in- vestors. Investments in equity positions in China and Hong Kong. gov-Įrnment document that tracks more than 180,000 U.S. investors have pumped more than $2.3 trillion into China since 1992, according to an unpublished U.S. $2.3 Trillion of US Investments in China Are Dragging Down America anders Corr Xiaohongshu, a social media com- pany, recently tabled its plans to sell shares in New York this month.

Some Chinese companies are reconsidering their U.S. Hong Kong has few economic barriers for cross- border transactions, and offers-at least nominally-a staging area for international investors to access the Chinese market. Listing in Hong Kong instead of the United States is one way to poten- tially avoid a big hurdle. will undergo a for- mal review,” Bloomberg noted. If successful, it could be a clever way for Beijing to have its cake and eat it too.Ĭiting people with knowledge of the ongoing discussions, “The Cy- berspace Administration of China will vet companies to ensure they comply with local laws, but only those headed to other countries such as the U.S. The discussions are still ongoing, according to a July 15 Bloomberg report, although Beijing regulators have discussed this pro- posal with bankers recently. The CCP is considering exempt- ing companies going public in Hong Kong from needing approval from China’s CAC. The deci- sion comes weeks after ride-hailing app Didi Chuxing’s New York initial public offering, and it could slow the parade of Chinese tech IPOs into the United States.īut it might not slow the flow of foreign capital into China. But it could come close.Ĭhina Promotes HK-Based IPOs While US SEC Dithers Chinese regulators plan to keep foreign capital flowing despite escalating US tensionsĪ plan seems to be emerging in China to allow foreign capital to keep flowing into the country while granting Beijing increased control over its companies’ stock issuances.Įarlier this month, Chinese regula- tors, including the Cyberspace Ad- ministration of China (CAC), the State Council, China’s cabinet, and the Chinese Communist Party’s (CCP) Central Committee, announced that a new regulatory framework is neces- sary to oversee foreign stock listings of Chinese companies. WWeek 29, 20212 | CHINA INSIDER CHINA INSIDER | 3Īmericans are not selling the rope to China, with which it plans to hang us.

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