Chinese Regulators Seek to Soothe Nervous Markets as Domestic Firms Delist in U.S.

(Source: Passionate in Marketing)

Reports that Chinese regulators are pushing for so-called variable interest entities to drop their listings in the United States are a “complete misreading and misinterpretation” of the regulations, the China Securities Regulatory Commission (CSRC) said in a statement on Sunday. The comments followed a sell-off of offsho…