Chinese IPOs Shifted to Hong Kong
China’s IPO regulator, the China Securities Regulatory Commission (CSRC), has not approved any Chinese company’s U.S. IPOs since April. Thelast approval was for Smart Logistics
The CSRC has not approved U.S. IPOs since April despite a small-cap listing rebound earlier; New arbitration rules emphasize party consent, tribunal independence, and risk management in AI use; and Record-high investments in Belt and Road Initiative driven by strategic sectors.

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