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Global Market: Xiaohongshu faces scrutiny over potential Hong Kong IPO plans amid VIE structure dispute

Chinese social media platform Xiaohongshu faces listing scrutiny following a complaint by a former executive regarding its variable interest entity (VIE) structure. The dispute over employee stock options and corporate control disclosures highlights regulatory and compliance risks for Chinese tech firms seeking overseas capital through offshore entities.

Source :- Markets-Economic Times Read More

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