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It's a 'golden age' for Chinese brands bolstered by tech crackdown


It s a ‘golden age’ for Chinese brands bolstered by tech crackdown
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A customer shops at a Perfect Diary store in Beijing in August of last year. From cosmetics to bubble tea, Chinese ventures making waves among a new generation of shoppers are becoming a magnet for funds hunting for their next big hit. | REUTERS
Bloomberg
Jul 10, 2021
China’s intensifying crackdown on technology companies is proving to be a cautionary tale for investors in the nation’s startups, with one notable exception: consumer brands. ....

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Analysis-U.S. IPO market a danger zone for Chinese firms after Beijing crackdown


Analysis-U.S. IPO market a danger zone for Chinese firms after Beijing crackdown
07/08/2021 | 01:37am EDT
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HONG KONG/NEW YORK (Reuters) -China s stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said.
On Tuesday Beijing said it would strengthen supervision of all Chinese firms listed offshore and tighten rules for cross-border data flows, a sweeping regulatory shift that is also set to weigh on the long-term valuations of the IPO-bound companies, they said. ....

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