SHANGHAI/NEW YORK -- A method used by top Chinese companies to offer shares in the U.S. while skirting restrictions on foreign listings risks coming into regulators' crosshairs as Beijing ramps up oversight.
Markets
Crackdown on US listings: Will China close $1.6tn VIE loophole?
Variable interest entities used by Alibaba and Didi poised as next target
Didi Global and FANG+ Index components Alibaba Group Holding and Baidu all listed in New York using variable interest entities. © Reuters
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