China will conduct cyber security audits of some companies seeking foreign listing.

China will do cybersecurity checks of some Companies :

China announced new guidelines on Tuesday that will increase monitoring of how its platform companies intend to list abroad or employ recommendation algorithms, further tightening Beijing’s grip on the country’s enormous technology sector. The Chinese Cyberspace Administration (CAC) said that new rules would take effect on February 15 that will force platform firms with more … Read more