China regulator says government policies not necessarily linked to overseas IPOs – Asia Newsday

BEIJING — China's securities regulator said on Sunday (Dec 5) that Beijing's recent policy moves were not aimed at specific industries or private firms, and were not necessarily linked to companies seeking to list in overseas markets. China has implemented a sweeping regulatory crackdown in recent months on internet companies, for-profit education, and real estate developers, among others. "The main purpose of (those moves) is to regulate monopoly, to protect the interests and data security of small and medium-sized firms, as well as personal information security," the China Securities Regulatory Commission (CSRC) said in a statement. The cyberspace regulator had…