China's new disclosure rules may dampen companies' listing prospects in Europe

China's new disclosure rules may dampen companies' listing prospects in Europe

FILE PHOTO: A China yuan banknote and a computer keyboard are seen reflected on an image of Chinese flag in this illustration picture taken November 1, 2019. REUTERS/Florence Lo/Illustration

Chinese companies’ plans to raise capital via listings in London or Zurich are in jeopardy after Beijing mandated new disclosure rules, put curbs on the use of the funds and made issuances liable to national security reviews, bankers and lawyers said.

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