Chinese companies face tougher path to US IPOs


Source: businesslive.co.za businesslive.co.za

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Companies Chinese companies face tougher path to US IPOs Global equity managers are questioning whether the regulatory threat posed by the country’s efforts to control big data is a risk worth taking 06 July 2021 - 10:57 Filipe Pacheco Illuminated office windows are shown at night at Didi Global Inc's headquarters in Beijing, China. File photo: BLOOMBERG/YAN CONG Chinese companies hoping to list in the US now face a harder task in pitching their shares to prospective investors. As Beijing investigates Didi Global — China’s version of Uber — and two other firms that recently debuted on Wall Street, global...