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1 – 10 of 19This review was launched just over a year ago, after Didi's USD4.4bn listing on the New York Stock Exchange -- the largest IPO by a Chinese firm since Alibaba's in 2014 (USD25bn)…
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DOI: 10.1108/OXAN-DB271843
ISSN: 2633-304X
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China’s ride-hailing major Didi was targeted by the Cyberspace Administration of China (CAC) ahead of its initial public offering (IPO) on June 30. It is complying with the…
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DOI: 10.1108/OXAN-DB263188
ISSN: 2633-304X
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This was the highest-value Chinese IPO in New York since China's ride-hailing giant Didi was fined over CNY8bn (USD1.2bn) in July last year for listing against the express…
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DOI: 10.1108/OXAN-DB278006
ISSN: 2633-304X
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Didi’s delisting has been one of the most important consequences of Beijing’s campaign of regulatory reforms that have hit the platform industry since late 2020. In recent weeks…
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DOI: 10.1108/OXAN-DB270806
ISSN: 2633-304X
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Even if successful, this arrangement will not reverse the trend towards Chinese firms relying on investment within China rather than US financial markets. Regulatory pressures and…
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DOI: 10.1108/OXAN-DB272622
ISSN: 2633-304X
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This is the same process imposed on ride-hailing giant Didi, which entailed its being banned from adding new users and led to its delisting from the New York Stock Exchange.
Chinese regulations prevent Chinese firms listed on US exchanges from complying with US auditing regulations, leading to US threats to delist them. Among the 200-plus Chinese…
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DOI: 10.1108/OXAN-DB268637
ISSN: 2633-304X
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The Nasdaq Golden Dragon China Index -- a gauge of US-listed Chinese shares -- lost 22% in July, compared with the Nasdaq 100 Index gaining 3.5%. Beijing’s crackdown is unnerving…
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DOI: 10.1108/OXAN-DB263308
ISSN: 2633-304X
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At present, there are around 200 million gig workers, amounting to a quarter of the Chinese labour force, and Ali Research estimates that number will double by 2036. The sheer…
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DOI: 10.1108/OXAN-DB271315
ISSN: 2633-304X
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Since he took office, private firms have suffered most from attempts to rein in corporate debt, while state firms have benefited from flagship initiatives such as the Belt and…