China moves to protect offshore tech company listings

China's Securities Regulatory Commission has opened a consultation on revised regulations aimed at avoiding trouble for local tech companies that list on US stock markets. In recent weeks the NASDAQ stock exchange warned Chinese tech companies Baidu and Weibo – and more besides – that they face suspension from the bourse …

[Doctor Syntax]

"For its part, China worries that if it allows local tech companies to list in the US – especially companies that hold data describing Chinese citizens – doing so creates a privacy risk."

A reasonable worry.

[Peter2]

Yes. China is always keen to protect it's citizens privacy and human rights.

/sarc

[Yet Another Anonymous coward]

But it might be cautious about having the details of suppliers, sales, costs of goods, delivery rate of it's military contractors being handed to the SEC