ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China tech

China to put overseas-listed tech companies on shorter leash

Tougher oversight poses market decoupling risk for IPO hopefuls

Didi shares slumped as much as 25% in U.S. pre-market trade ahead of their first session since the Cyberspace Administration of China ordered the company's app be removed from app stores.   © Reuters
NORIYUKI DOI and TAKENORI MIYAMOTO, Nikkei staff writers | China

SHANGHAI/NEW YORK -- Beijing will ramp up supervision of Chinese companies on overseas markets and new listings, citing concerns about information security in plans unveiled Tuesday after authorities launched investigations into U.S.-listed tech names such as Didi Global.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more

By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Please review our Cookie Policy to learn how you can update your cookie settings.

Accept & Continue Close