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China Sets New Rules for Overseas IPOs. What It Means for DiDi, Alibaba and Others.

Por: MarketWatch Business February 20, 2023

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“China stays committed to further opening up its capital markets,” the CSRC said Friday. Chinese overseas listings have screeched to a halt since DiDi Global’s in 2021. The ride-hailing company’s decision to list in New York prompted Chinese authorities to launch a probe, for allegedly violating the country’s data privacy and national security laws. In July 2021, Beijing announced new rules requiring tech companies with more than 1... + full article



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