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The Chinese central government was always really ambivalent about foreign IPOs. DiDi has too much control over domestic markets for the Chinese to be comfortabl
by sudosysgen 5y ago
The Chinese central government was always really ambivalent about foreign IPOs. DiDi has too much control over domestic markets for the Chinese to be comfortable with foreign influence. I don't think it has anything to do with the anniversary.
Actually, the CCP never formally accepted the foreign stock ownership structure, for example. It was always a grey area.