The Cyberspace Administration of China (CAC) on Nov. 14 proposed that companies seeking Hong Kong listings should apply for cybersecurity reviews if they handle data that concerns national security. The internet regulator released a draft regulation for comment and said that companies seeking to set up overseas headquarters or research centers should also submit a report to regulators. In a proposed amendment on cybersecurity review measures released on July. 10, the agency asked companies that control data of more than 1 million users to seek permission from regulators before going public overseas, but that didn’t include Hong Kong listings. [Reuters]
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