In The News

Beijing’s Threat to VIEs Triggers Wall Street Angst Over China Stocks

Financial Times

28 Jul 2021

Morrison & Foerster Partner and global chair of the private equity group, Marcia Ellis, is quoted in an article "Beijing’s threat to VIEs triggers Wall Street angst over China stocks" published by Financial Times on July 28, 2021.

The article discussed the recent crackdown of a tutoring VIE by China that has triggered fears on other VIEs, raising the spectre of a broader disaster for some of the world's leading investors. “The government has made it harder and harder over the years to set up an offshore structure [but], over time, people figure out ways to deal with every hurdle the government throws up,” Marcia said.

Read the full article (subscription required).

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.