SHANGHAI: China’s internet authority said on Saturday that any company with more than 1 million users’ data must undergo a security examination before listing its shares on an international stock exchange. According to China’s Cyberspace Administration, the security evaluation would focus on the dangers of data being impacted, controlled, or manipulated by foreign governments following abroad listings.
The letter comes days after Chinese authorities initiated an investigation into Didi Global Inc, the world’s largest ride-hailing company, for allegedly violating user privacy.
(Josh Horwitz contributed reporting; Tom Hogue and William Mallard edited the piece.)
Reuters is the source of this information./n
