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Whatever its sin, Didi now says it plans to delist from New York and relist in Hong Kong. It has not specified its reasoning or responded to queries on the move. It is possible that the company has been forced to leave America by Chinese internet regulators. This is a fiasco for the firm and its shareholders, such as SoftBank, a Japanese investment group . It also portends two big changes in how foreign investors will access Chinese shares in the future.s in America.

Many have held out hope of an eventual agreement between American and Chinese regulators that would revive a once-booming cross-border listing business. However, the suggestion that Chinese regulators are behind Didi’s delisting—an unprecedented intervention by a foreign government in the American market—makes a deal much more difficult to strike, says Jesse Fried of Harvard Law School.

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SenseTime's stock market debut may be spoiled by US-China tensionsThe big public debut of a Chinese artificial intelligence startup may be hitting a snag because of brewing tensions between the United States and China. Is there really a high-end technology industry in China? Their so-called high-tech companies are still squeezing workers to reduce costs, and there is nothing else but plagiarism. Sincerely have humanity start-up change mindset for future
Fuente: CNN - 🏆 4. / 95 Leer más »