Reuters exclusively reported how new Indian rules to ensure scrutiny of investments from companies based in neighboring countries, especially during the coronavirus outbreak, will also apply to Hong Kong. India earlier introduced rules to deter "opportunistic" takeovers and acquisitions during the pandemic but gave few details. While the move was seen as aimed at Chinese firms, it caused confusion among lawyers, investors and business executives on whether it would apply to Hong Kong, which Reuters sources confirmed it would.
Reuters exclusively reports India foreign investment rules aimed at China to include Hong Kong
20 April 2020, 12:00 am 1 minute
Type: Reuters Best
Regions: Europe / Middle East / Africa