In The News

China’s New Vie Rule Eases Concerns about Overseas IPOs Following Months of Uncertainty after Didi Probe

South China Morning Post

25 Dec 2021

Morrison & Foerster partner and global chair of the Private Equity group, Marcia Ellis, is quoted in an article “China’s new VIE rule eases concerns about overseas IPOs following months of uncertainty after Didi probe” published by the South China Morning Post on December 25, 2021.

According to the article, China’s securities watchdog has given tacit approval to Chinese companies that set up as variable interest entities (VIEs) in offshore markets if they register with regulators and meet compliance rules. “Some companies that are not fully compliant with all regulations in China may no longer be able to list anywhere,” Marcia said.

Read the full article (subscription required).



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.