On April 2, for the first time in 13 years, the China Securities Regulatory Commission (CSRC) revised the confidentiality clauses related to the listing of Chinese enterprises (China Concepts Stock) abroad, a rare concession by the Chinese Communist Party (CCP).
According to experts, the CCP’s adjustment strategy is to obtain more foreign exchange from out-of-country financing of Chinese Concept Stocks, but the CCP will also introduce new policies to control the so-called national security risks.