VIE Demise “Not True” According To China’s Financial Regulator

https://www.forbes.com/sites/brendanahern/2021/12/02/vie-demise-not-true-according-to-chinas-financial-regulator/
Key News Asian equities were largely higher with Japan underperforming as investors come to grips with the Omicron outbreak and Fed Chair Powell’s taper talk. Hong Kong internet stocks were mixed following yesterday’s Bloomberg article that China will ban the VIE structure. The CSRC, China’s SEC, said succinctly in response that “the news is not…