US-based Morningstar has cut or relocated several hundreds of jobs at its China hub Shenzhen, and is moving operations to other countries, it said on Wednesday, as global firms struggle to comply with the country’s new data regulatory landscape.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
