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People cross a road in the central business district in Beijing on 16 December 2021. (Greg Baker/AFP)

New regulations to thwart Chinese companies’ overseas listings?

New regulations announced by the Chinese authorities seem to have made it more complicated for Chinese companies to get listed overseas, even though the variable interest entity (VIE) structure is still in play. Given the added obstacles ahead, will Chinese companies still want to go through the trouble of seeking overseas listings? Zaobao correspondent Chen Jing reports.