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FreeNorth

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FreeNorth

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Re: None

Monday, 12/21/2020 7:29:53 PM

Monday, December 21, 2020 7:29:53 PM

Post# of 252220
An article by the South China Morning Post that echos one of Dew's frequent warnings

Legally ambiguous ‘VIE’ structure means foreign investors don’t technically own overseas-listed Chinese stocks – and that could spell disaster
* To skirt China’s restrictions on foreign investment in certain industries, many firms adopt a complex VIE structure which falls into a legal grey area
* Beijing has so far remained silent on the subject, but if it decided to clamp down, the effects would be devastating

https://www.scmp.com/business/markets/article/3114557/legally-ambiguous-vie-structure-means-foreign-investors-dont
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