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China Tightens Foreign IPO Rules for Firms With Large User Data

https://www.bloomberg.com/news/articles/2021-07-10/china-tightens-foreign-ipo-rules-for-firms-with-large-user-data
Chinese companies which hold the data of more than 1 million users must apply for cybersecurity approval when seeking overseas listings, according to the Cyberspace Administration of China.

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