After Didi's disastrous IPO, China looks to extend its control over overseas listings
CNN
China's crackdown on Big Tech just keeps growing.
The Cyberspace Administration of China (CAC) — the country's powerful internet watchdog — this weekend proposed that any company with data on more than one million users must seek the agency's approval before listing its shares overseas. It also proposed companies must submit IPO materials to the agency for review ahead of listing. The CAC cited concerns about whether data and personal information held by companies trying to list overseas could be "affected, controlled or maliciously exploited by foreign governments" after a listing. The agency said it will seek "public opinion" on the draft rules, which were published Saturday, before they are formally adopted.More Related News
Researchers are uncovering deeper insights into how the human brain ages and what factors may be tied to successful cognitive aging ((is successful the best word to use? seems like we’ll all do it successfully but for some people it may be healthier or gentler or slower?)), including exercising, avoiding tobacco, speaking a second language or even playing a musical instrument.