In the News: Securities Ban Lawsuit; US Capital Markets Ban; and China Merger Control
March 08, 2021 | BY
Vincent ChowLuokung Technology sues the U.S. government over CCMC designation; U.S. senators reintroduce bill proposing to bar blacklisted Chinese companies from U.S. capital markets; and VIE structures expected to undergo greater scrutiny under Chinese merger control regime according to new report
Chinese map software company sues U.S. government over securities ban
China's Luokung Technology has sued the United States government over its inclusion on the securities investment blacklist. On Mar. 4, the Nasdaq-listed software company filed itslawsuit in the U.S. District
