Will China's cybersecurity review of IPOs close the door on tech firms raising funds in New York? | South China Morning Post

China's requirement for a cybersecurity review of virtually all foreign initial public offerings (IPOs) could drastically accelerate the decoupling between American capital and Chinese technology, as the proven path for venture capitalists and private equity investors to cash out is now uncertain, analysts said. While China is not shutting the door completely on its tech firms going public in New York, as IPO candidates can still proceed if they pass Beijing's cybersecurity review, the proposed introduction of a new gatekeeper is set to add cost and uncertainty to foreign listing plans. Some Chinese tech firms, including e-commerce platform Meicai ,…