Comment by baq
1 day ago
> Generally speaking this seems bad for Chinese companies, though.
Anyone who has ever thought otherwise was just naive. This is anything but news. If you’ve had an impression that China capital market is free and western-like, you were right - it was an impression. Always has been.
Naive or not, plenty of investors believed that running a company out of Singapore would shield them from the aggressively un-free Chinese market controls. Manus is proving them wrong, which will hurt Chinese companies that try to run out of Singapore for access to Western capital markets.