In the News: Less IPO Risk Disclosures; Drone Export Controls; and Foreign Listings by Bubble Tea Makers

China's securities watchdog instruct lawyers to tone down China-related risk disclosures in prospectuses; new rules restrict export of drones and related technologies; and bubble tea companies seek foreign listings amidst growing regulatory scrutiny

5 minute readAugust 03, 2023 at 04:44 AM

Hugo Yeung

In the News: Less IPO Risk Disclosures; Drone Export Controls; and Foreign Listings by Bubble Tea Makers

Jirapong/Adobe Stock

Chinese Regulators Tell Lawyers to Curb China-Related Risk Disclosures in Listing Prospectuses, Hong Kong Follows Suit

On July 20, the China Securities Regulatory Commission (CSRC) met with lawyers from over 10 Chinese law firms and instructed them to tone down China-related risk disclosures in foreign IPO prospectuses.

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