Beijing might finally close the IPO loophole that allowed Didi to list overseas

Beijing might finally close the IPO loophole that allowed Didi to list overseas

Beijing’s crackdown on local tech giants escalated this week when regulators forced Didi Chuxing to stop registering new users, days after the Chinese ride-hailing giant raised $4.4 billion in a New York IPO. The move pummeled Didi’s stock; shares were …❗️ read more