Reconsidering the VIE structure

The variable interest equity (VIE) structure has long been used by foreign investors wishing to invest in China's prohibited or restricted industries, but an investigation into New Oriental Group has highlighted issues with the structure and led to calls to fully-open foreign investment

4 minute readSeptember 12, 2012 at 12:58 AM

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Chinese online media company Sina pioneered the trend back in 2000, when it used the VIE structure to list on the New York Stock Exchange. Education company New Oriental Group

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