US IPO market a danger zone for Chinese cos after Beijing crackdown

US IPO market a danger zone for Chinese cos after Beijing crackdown

Source: Aditya Vyas/Unsplash

China’s stepped-up scrutiny of overseas listings by its companies and a clampdown on ride-hailing giant Didi Global Inc soon after its debut in New York have darkened the outlook for listings in the United States, bankers and investors said.