A number of US-listed Chinese companies have announced plans to delist, driven by record highs in the A-share markets and new regulatory initiatives for variable interest entities (VIEs). But the falling market could affect those deals
Inward investors have expressed concern about proposals that China will levy a 10% capital gains tax on profits earned by foreign investors, with no opportunity to deduct for losses. While some tax advisers welcomed the clarity, some funds may struggle to pay the higher-than-expected tax bills on gains earned over five years between 2009 and 2014