Will Didi’s regulatory problems make it harder for Chinese startups to go public in the US?

Will Didi’s regulatory problems make it harder for Chinese startups to go public in the US?

3 years ago
Anonymous $drS9DEX_Sj

https://techcrunch.com/2021/07/06/will-didis-regulatory-problems-make-it-harder-for-chinese-startups-to-go-public-in-the-us/

Shares of Chinese ride-hailing business Didi are off 22% this morning after the company was hit by more regulatory activity over the holiday weekend. The recently public company traded as high as $18.01 per share since it held an IPO last week; today, shares of Didi are worth just $12.09, off around a third from their 52-week high.

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