What China's overhaul of overseas IPO rules is all about


Source: nikkei.com nikkei.com

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Within days of its debut on the New York Stock Exchange, Didi Global faced a devastating backlash from China's internet watchdogs. © Reuters YUE YUE and KELSEY CHENG, Caixin January 23, 2022 14:00 JST | China Copy Copied The turmoil that followed Didi Global's $4.4 billion listing on the New York Stock Exchange last year was not only unprecedented, but may also prove to be the final straw for listings of Chinese mainland companies in U.S. equity markets. Read Next