HKU Chinese Law Professor Angela Zhang on China's Foreign IPOs Rules

The video discusses the Variable Interest Entity (VIE) structure, its legal status, and potential regulatory changes in China. It highlights the impact on companies listed in the US and Hong Kong, emphasizing the need for cybersecurity reviews and transparency. The discussion also covers the implications for foreign investors and the possibility of steering Chinese companies back to domestic exchanges. Specific concerns about companies like DD Global are addressed, focusing on cybersecurity and national security issues.

What are the implications of the recent regulations issued by China's cyberspace administration?

How might the new rules affect foreign investors holding VIE structures?

What concerns exist regarding the control of VIE entities by Chinese founders and investors?