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In the wake of Didi’s New York listing, Chinese authorities shock investors by launching investigations into the company over cybersecurity. – EPA pic, December 28, 2021.

BEIJING has tightened the rules on overseas listings by Chinese firms in a series of new regulations that increase scrutiny of companies seeking to raise funds on foreign stock markets.

China has stepped up scrutiny of major overseas listings after a controversial New York initial public offering (IPO) by ride-hailing giant Didi Chuxing went ahead this year, despite regulatory concerns at home.