Republican senator Marco Rubio lambasts 'reckless and irresponsible' Didi listing

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A leading China hawk in the US Congress has lashed out at Chinese listings in the US in the wake of the botched initial public offering of ride-hailing app Didi Chuxing, as the debacle attracted scrutiny in Washington. Marco Rubio, Republican senator from Florida, told the Financial Times in a statement that it was "reckless and irresponsible" to allow Didi, which he described as an "unaccountable Chinese company", to sell shares on the New York Stock Exchange. He added that Beijing's regulatory crackdown, which triggered a brutal share price decline in the wake of the IPO, "further underscores the risks"…

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