Asian financial lobby raises concerns over China's new overseas listing rules

Asian financial lobby raises concerns over China's new overseas listing rules

FILE PHOTO: A man stands near a screen showing news footage of Chinese President Xi Jinping at the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang

China’s new offshore listing rules for domestic companies have left bankers and lawyers who work on listings unsure how to take on liabilities and how to avoid breaching tightened confidentially rules, Asia’s largest financial lobby group said on Tuesday.