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puffadder

11/23/22 2:09 PM

#22268 RE: backtoreality #22267

Just speculating but registering in HK avoids a number of restrictions associated with shareholding regulation in China mainland.

This is also done for companies looking to expand outside of China. Have to do a little more digging on subject.

Merge company would be subject to various disclosures and in effect would have to be an operational entity.