BEIJING (Reuters) – China’s central bank issued rules on Friday about non-bank payment firms’ reporting of major events, including a requirement to report plans for overseas initial public offerings.
Non-bank payment firms should report both domestic and overseas listing plans, according to a statement from the People’s Bank of China (PBOC).
(Reporting by Cheng Leng, Stella Qiu and Ryan Woo; Editing by David Goodman)
