China regulator proposes cyber security review for some firms planning Hong Kong IPOs

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BEIJING : China's cyberspace regulator on Sunday published draft rules proposing that companies planning Hong Kong initial public offerings be required to apply for cyber security inspections, if they handle data that concerns national security.The Cyberspace Administration of China released the draft rul

BEIJING : China's cyberspace regulator on Sunday published draft rules proposing that companies planning Hong Kong initial public offerings be required to apply for cyber security inspections, if they handle data that concerns national security.

The Cyberspace Administration of China released the draft rules on online data security management on Sunday.

 

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CCP only know controlling

Such international financial hub… what a joke

That is what 'International Financial Center' look like.

One word: CONTROL. CCP wants to pull the strings of everyone’s purse.

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