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Home » The Chinese tech giants that Beijing is cracking down on are backers of big U.S. IPOs – CNBC The Chinese tech giants that Beijing is cracking down on are backers of big U.S. IPOs – CNBC by July 13, 2021 Signage for digital payment services Alipay by Ant Group, an affiliate of Alibaba, and WeChat Pay by Tencent are displayed outside a currency exchange in Hong Kong, China, on Tuesday, Sept. 1, 2020. Chan Long Hei | Bloomberg | Getty Images BEIJING — As China’s anti-monopoly and data security crackdown creeps into restrictions on U.S. IPOs, analysis shows...
