1/28, 12:11 PM (Source: TeleTrader)
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Overseas IPO rules to apply to HK - China's market regulator

China's Securities Regulatory Commission said on Friday that the planned tightening of the restrictions for Chinese companies that want to list overseas will also pertain to Hong Kong listings.

"By overseas, we mean, of course, you know, anywhere besides mainland China,” Shen Bing, the commission's director-general of the international affairs department, said in an interview with CNBC. "Of course, it includes Hong Kong," he explained.

In the past several months, Beijing tried to control more closely how the Chinese companies raise money overseas, citing national security among other reasons.

Baha Breaking the News (BBN) / BU