China to make cybersecurity reviews compulsory for data-heavy firms seeking overseas IPOs

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China to make cybersecurity reviews compulsory for data-heavy firms seeking overseas IPOs

The Cyberspace Administration of China (CAC) said Tuesday that companies that control data of more than 1 million users will have to undergo a cybersecurity review before they seek overseas listings to “further protect online data and national security.” The change is among a list of amendments made to China’s Cybersecurity Review Measures…
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