USCC Warns Investors Against Alibaba IPO
Alibaba's IPO is the most anticipated of the year, but the US-China Economic and Security Review Commission (USCC) has issued a report warning investors that the variable interest entity (VIE) structure commonly used by Chinese internet stocks to list in the West involves more legal risk than they may realize.
VIE structure is meant to bypass Chinese regulations
Technically . . .
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