Comment by dworks
2 months ago
The VIE structure has been officially ratified by the highest levels of regulators in China. It does not circumvent Chinese law.
2 months ago
The VIE structure has been officially ratified by the highest levels of regulators in China. It does not circumvent Chinese law.
You misunderstand - that doesn't make any difference. Foreigners cannot legally own internet stocks. Of course the Chinese government doesn't care if foreigners purchase internet stock proxies. It's a great deal for them.