With new regulations, Chinese companies tapping US markets face a rocky path
Photo: Pixabay
By Guan Cong, Qian Tong, Yuan Ruiyang, Denise Jia
July 20, 2021
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The race by Chinese internet companies to raise money in the US stock market this year came to an abrupt halt after Didi’s rush to sell shares on the New York Stock Exchange without the blessing of Chinese authorities backfired.
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