Tag Archives: Loophole

(Bloomberg) — China is planning to ban companies from going public on foreign stock markets through variable interest entities, according to people familiar with the matter, closing a loophole long used by the country’s technology industry to raise capital from overseas investors. Most Read from Bloomberg The ban, intended in part to address concerns over data security, is among changes included in a new draft of China’s overseas listing rules that may be finalized as soon as this month,… Source link

Axios Rethinking government bailouts amid airline industry crisis The trouble with government bailouts is you never really know whether they were necessary, and that’s likely to be the case with the U.S. airline industry, too.Why it matters: One year into the pandemic, it’s not clear whether the $54 billion the U.S. Treasury used to prop up airlines during the pandemic was the right move, or just an expensive gift to a politically favored industry.Stay on top of the latest market trends and… Source link